Panjang
Trans-Siberian Gold Plc (TSG) - Long Trade
Trans-Siberian Gold Plc engages in the acquisition, exploration, development, and production of gold-mining assets in Russia.
Price has taken a bit of a beating of late due to recent news. But it is now edging towards oversold on the daily. Another update is possibly due soon, which is likely to be OK.
Although I dislike the death cross on the daily, price appears to be holding up well around the 23.6% fib levels. Therefore a return to the 50% retrace is possible. That would give about 20% upside from the current level. It also bounced nicely off the 78.6% fib on the weekly (which is also the 100ma on the weekly chart).
Position taken.
Price has taken a bit of a beating of late due to recent news. But it is now edging towards oversold on the daily. Another update is possibly due soon, which is likely to be OK.
Although I dislike the death cross on the daily, price appears to be holding up well around the 23.6% fib levels. Therefore a return to the 50% retrace is possible. That would give about 20% upside from the current level. It also bounced nicely off the 78.6% fib on the weekly (which is also the 100ma on the weekly chart).
Position taken.
Dagangan ditutup: hentian tercapai
Didn't like todays RNS. So closed this out first thing for a small loss. Can see it dropping today.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.