WallStScalper
Long

TRX done with it's abc korrektion or a move up now

AMEX:TRX   TANZANIAN ROYALTY EXPLORATION CORP
160 0 1
TRX             as well as Gold             could have finished it's a-b-c korrection on the daily/weekly chart and we are perhaps to see more downside move. On the 15 min chart - gold             has a shs             at neckline. TRX             is at channel line support.... so both has to rally north from here. In other words...we will have the answer tomorrow where gold             miners ( GDX             ) and gold             are heading. For the TRX             it could be double up due to the ihs             , but neckline has to be broken first and RSI on daily has to turn around a rise above 50. But as always time will show.
Safe trading Gents!
BM
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