WallStScalper
Short

TRX heading for dbl bottom and possible wave 2 down?

AMEX:TRX   TANZANIAN ROYALTY EXPL CORP
112 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
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out