TERN PLC. #Gold # Nasdaq When we last reviewed #TERN back in June, we mentioned the share was calculating with some fairly terrible drop potentials. Despite these being achieved, some hope is taken from our “worst case” 7.5p figure.
The decline halted at 11p eventually and now, once again, Tern is giving some hope for the future.
Price movements now exceeding 22p should apparently prove capable of some growth to an initial 28p. If bettered, secondary is 38p and at this level, where the price closes becomes a matter of importance. Essentially, closure above 36p should achieve the nirvana of a “higher high”, once again positioning the share for strong future performance.
For now though, it doesn’t stink as the price requires below RED (12.5) to indicate trauma, along with a drop to 10p initially with secondary still 7.5p.
Visually, it’s a crossed fingers moment!
|
Time Issued |
Market |
Price At Issue |
Short Entry |
Fast Exit |
Slow Exit |
Stop |
Long Entry |
Fast Exit |
Slow Exit |
Stop |
Prior |
|
|
9:42:34PM |
BRENT |
76.85 |
||||||||||
|
9:44:13PM |
GOLD |
1230.09 |
1224 |
1220.5 |
1213 |
1232 |
1232 |
1234.5 |
1236 |
1227 |
‘cess |
|
|
9:46:09PM |
FTSE |
6976.97 |
Success |
|||||||||
|
9:47:51PM |
FRANCE |
4959 |
Shambles |
|||||||||
|
9:49:37PM |
GERMANY |
11255.34 |
Success |
|||||||||
|
9:51:41PM |
US500 |
2639.14 |
‘cess |
|||||||||
|
9:53:40PM |
DOW |
24420 |
Shambles |
|||||||||
|
9:56:32PM |
NASDAQ |
6714.12 |
6639 |
6659.25 |
6465 |
6735 |
6903 |
6993 |
7134 |
6794 |
Shambles |
|
|
9:59:57PM |
JAPAN |
20996 |
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