RE: From ChatGPT25 Jan 2026 10:46
If we can get this over 11p next week the 5 year breakout and down trend will reverse!!!
Could be a great recovery for TXP holders IMO
Only because we’re above the 50dma all eyes will start to look for confirmation of a breakout which IMO will happen in Feb (I’m positioning now, for maximum gains) These are the levels AI has come up with …
Based on technical data from January 2026, a "Golden Cross" for Touchstone Exploration (TXP) occurs when its 50-day moving average (MA) crosses above its 200-day moving average.
As of late January 2026, the stock has recently shown short-term strength, crossing above its 50-day MA, but still requires significant upside to trigger a golden cross with the long-term 200-day MA.
Required Levels for a Golden Cross (Approximate, Jan 2026)
200-Day Moving Average (Long-Term): Approximately C$0.21 - C$0.23 (Toronto Stock Exchange)
50-Day Moving Average (Short-Term): Currently rising from around C$0.15 - C$0.16
To achieve the Golden Cross: The 50-day MA must rise above the 200-day MA. This requires the share price to maintain recent gains and trade sustainably above the C$0.21–C$0.23 range to pull the 50-day average upward.
Current Technical Context (As of Jan 21-24, 2026)
Current Price: Trading around C$0.18
Situation: The stock crossed above its 50-day moving average (C$0.15), indicating short-term momentum, but remains significantly below the 200-day moving average (C$0.21).
Conclusion: The 50-day MA is still below the 200-day MA, meaning a Golden Cross is not yet confirmed and requires further sustained upward movement.
Key Price Levels to Watch
Resistance: The 200-day MA at C$0.21–C$0.23 is the primary hurdle for the golden cross.
Volume: High trading volume during an upward move is required to confirm the bullish signal.
Analyst Target: Analysts have indicated a median 12-month target of 35p (approx CAD) on the London Stock Exchange, which would comfortably trigger a golden cross if achieved.