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GlobalTrader_
Oct 17, 2019 10:27 PM

TLG confirms change of direction Long

TALGA GROUP LTDASX

Description

One of the most anticipated companies on the ASX with technology to held EV's has just confirmed it's bottom @ $0.37.

The price has closed above both the bollinger band and Linear regression. More specifically the Linear regression is in a downward projection and for the candle to be out of it confirms that a change of direction on the larger scale of things.

In the short term expect the price to touch $0.49 which is where the 61.8% fib line is.

This information is based on my opinion of how I read the market.
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