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CK Choy.

Market Sense 市场意识: Talga Gold LTD (ASX) TA update (short term)
Be decisive, Be patient, Don’t be greedy, Don't be stubborn

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The information contained in is provided to you for general information/circulation only and is not intended to nor will it create/induce the creation of any binding legal relations. The information or opinions provided do not constitute investment advice, a recommendation, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on this information. Investments are subject to investment risks including possible loss of the principal amount invested. The value of the product and the income from them may fall as well as rise.

You should seek advice from a financial adviser regarding the suitability of the investment products mentioned, taking into account your specific investment objectives, financial situation or particular needs, before making a commitment to purchase the investment product. In the event that you choose not to obtain advice from a financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest.

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Note:
All TA (Technical Analysis) view using charts are for illustration purpose only.
Unless otherwise specified, all charts' sources are from POEMS(Phillip Online Electronic Mart System)

Wednesday, 28 June 2017

Talga Gold LTD (ASX) TA update (short term)

After touching all time high at 0.915 it pulled back and breached 1st support at 0.7 and subsequently it breached 2nd support at 0.6 support. On 20 Jun it was trading near the 3rd support around 0.52. We bought in at 0.53, the lowest it hit was around 0.515. Today, 28 Jun, it is touching the first resistance at 0.61, 2nd resistance is 0.7 and there is an intermediate resistance around 0.655.
Short term analysis (source : Poems Live Chart ) TA view for illustration purpose only.

Posted by ckchoy77 at 13:51
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