This is my first published idea so be kind. Always appreciate feedback.
This is not financial advise, just my thoughts and opinions.
TWE is looking good after a brief period of consolidation around the 17 mark.
It has rising volume and is showing signs of a good move up early next week. Today the price moved well above the recent consolidation zone (see chart). Today's volume is still a little low for me to say it is a confirmed breakout.
All indicators showing an upward trend (see chart).
I will be keeping an eye on this one next week and if it continues it's move up with good volume I will be going long on TWE.
Happy hunting,
John
This is not financial advise, just my thoughts and opinions.
TWE is looking good after a brief period of consolidation around the 17 mark.
It has rising volume and is showing signs of a good move up early next week. Today the price moved well above the recent consolidation zone (see chart). Today's volume is still a little low for me to say it is a confirmed breakout.
All indicators showing an upward trend (see chart).
I will be keeping an eye on this one next week and if it continues it's move up with good volume I will be going long on TWE.
Happy hunting,
John
It will still definitely be one to watch but I personally have kept my powder dry until we get a clear confirmation one way or the other.
Plenty of other golden opportunities out there at the moment and we don't want to spend too much time waiting for a set up that may or may not eventuate.
I will keep an eye and update when we get a move.
Enjoy the day,
John