ASX TLS D Wait

Detail on the Chart

Comment:

Feb 4 1330 AEDT
Nice retest of the HS reversal neckline.
Solid support at $5.00.
Inside day of Feb 3 will probably not reverse.
Now long and looking for ST up move to fill the body gap at $5.20
Pattern should now channel the yellow up trend line (now upper boundary).
Expecting 5 wave up move targeting above mentioned Div target price of $5.46
Buy the pull backs and lift your stops.
... just my 2c worth ...

Trade active:

Feb 9
For the Break Out traders among you, it is now underway.
Draw your uptrend line from the Jan 31 low - that's your rising stop.
Targets are mapped.
Remember this is my opinion - not a guarantee ...
... another 2c worth ...