It more and more looks like TRX finally have found it's bottom 0,03 points above my shs and fib target. Nothing is for sure yet but are we having a follow through tomorrow ...I will only be looking for that this could be a wave 4 up in the EW terminology. ( Will look at the count later this week)
We are just at or above buy zone so have bought my first portion shares. I see 2,02 as theeee shs target but if everything tumbles - a complete capitulation at 1,56 could come in play. and create a triple bottom.
A double bottom could still be a possibility. I haven't bought it yet. I think it needs to prove it self over a week at least. I usually explain it with ....ma's need to come down in the area for it to be able not to have resistance above... (Ma's of different time coming down to level).