As much as i am sure it would be a You Tube Classic , I'd rather you restrict your "dancing" activities here mate , don't you think we have had enough lol ! ................. Try BLNX , on second thoughts, DON'T :-)
I must apologise.. I have my trading reserve being unlocked on June 2nd, so I've been doing my TCG share price tanking dance, to try line up a bargain top up.. just apologies in advance if it works and we see the 140's or low 150's again
I like the new routes, I think they're making the right changes.. ok hasn't flowed through to 1H numbers yet but these things take time, next year around divi time I suspect, if it will have any impact on topline growth it will start to show up in the 14/15 year
Final confirmation this morning that we are back in the Sep-Nov channel, unlike the 15 April bottom where we shot out of it immediately.
That 162 was never going to last especially not with indices at multi-year highs.
Next point of interest is 164.98 (200MA) but sitting so below MAs that it is akin to Family Guy digging himself out of quicksand. Interestingly TT just bounced off its 200MA, our time will come.
A few light down/flat days will be good.
Will give the indicators time to move into a more bullish territory without hitting overbought levels on the daily/weekly.
Stochs just crossing as we're closing near intraday highs, RSI still digging its way out of oversold, last time we were overbought on the RSI was back in mid Jan, this is one indicator we need to get going as no one has been buying on heavy vol since Jan, other than Tues and Wed this week indicating the market believes fair value for TCG is where we are at now. W%R also has higher to go. MACD divergence decreasing also.
IMO today we'll see a long red candle signalling indecision, ~flat day.
Bar today's 0.36% rise for MCX we are mirroring it 100%. It's at December lows, TCG at Nov lows, so when MCX gets going we'll get going.
Early June ECB meeting could be the catalyst that will help us along.
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