A few years ago I bought THL @ 150 on a tip from DF Mainland and it visited
165 briefly and now its down around 100 ever since.
I didn't practice discipline then but I guess now is a better time than at
90.
Would a TA practitioner please offer some interpretation...?
My chart shows a steep uptrend since mid May with a horizontal resistence at
115. A triangle?...pennant?
My interpretation:
Price is trying to rise but has hit resistence and will fall again.
OR
With the 30MA about to cross the 100MA, is this a sign of a further uptrend?
Tony de Bruyn tony@ltdrisk.com
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