WallStScalper
Short

TRX heading for dbl bottom and possible wave 2 down?

AMEX:TRX   TANZANIAN ROYALTY EXPLORATION CORP
325 0 2
Looks like a bear flag is forming after having made a double top at the 1.34
Could with the bear flag target be making a possible double bottom around 1.00

Spekulative:
I see as a possible wave 1 up with a very short and truncated 5th wave ending at 1.34.
Second waves normally make a deep retrace so a wave 2 making dbl bottom....maybe but within reach!
TRX's price movement is always dependent of the price of gold             which seems to have getting stuck at the 1200 handle.

Safe trading ladies and gents!

@BLawrenceM
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