TANZANIAN ROYALTY EXPLORATION CORP AMEX:​TRX

Tron Snake

I don't know what is it, but it's gonna go. I was gooogling tron. But now I want to buy this.

Will be looking for the green buy singinal.

TRX is dropping hardly on 4h chart. I'm expecting more downside before a potential bounce.

A trade plan on pure technical indicators. Research this one before trading it ... fundamentals are not strong. It's highly speculative. That said: Back to the pattern... Not a 3 drive to a bottom textbook pattern... but if 0.50 is theeeee bottom I tend to live with it's shape and fibs for the wolfe wave target. 3 confluence points at 0.50 is very rare and could...

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...

TRX is beginning to show signs of bottoming making a bowtie on the 120 min chart. On the daily chart it's challenging the Elliott wave ma13 and stopped yesterdays move at the EMA13. Fisher and Trix system (developed by nmike and JR on this site) looks promising Notice that the Elliott Wave EMA34 there is a gap... could come in play on further advance I'm neutral...

I count 5 waves up from 23rd of dec 2013 - ending at the 14th of march 2014. Since then it's been making what looks like 3 waves down within a wedge formation ...with what also looks like and impulsive (3 of 3) wave down since the 5th of may 2014. Is it working on the 4th? (Bear flag!!!) Looks like it! The big Q is. Is it a 4th wave with a 5th to come? The low...

Finishing a harmonic ABCD move at structural resistance seems to be in the cards. The structural support and trend lines comes in between the 78.6 & 88,6 fib ...Could be making a hammer here going for the lowest fib and bounce!?! Safe trading Ladies and Gents! @BLawrence (I have often a quicker running updates on my Twitter account) Music at...

Looks like a Bullish Gartley Pattern is currently forming on the daily time frame of TRX. My Fibonacci Ratio analysis: The AB leg retraced nicely to the Fibonacci 61.8% retracement level of the XA leg. The BC leg also retraced up to the Fibonacci 61.8% retracement level of the AB leg. The Fibonacci 127.2% retracement of the BC leg falls right on top of the...

Well on a 60 min chart it does look promising with an Andrew pitchfork (Modified Shiff) and a Bullish Gartley combined. 2.14 should be intrance low. Correspond well with a 61.8 retrace of recent swing - creating a nice right shoulder in the IHS I have shown on the daily chart and the structural area there too. But as always time will tell: Safe trading ladies...

I'm back from a month long vacation visiting the Canary Islands It's playing out the way I draw my chart a month ago.... so just an update. The stock is very bullish and so is gold. (XAUUSD). If we are very very lucky we see a 61.8 retrace for a perfect right formed shoulder.... but doubt that it will be getting down there when it's that bullish. I do hope for a...

I'm short term bearish. But long term bullish Looks like a x-wave up today. So took of 2/3 Chart a little messy I know but... we should see a zig zag down to yellow c But as always...time will show Safe trading ladies & gents! BM Music at work: open.spotify.com www.youtube.com

So target for the three drive to a bottom is..... Looks like there is a confluence of fib around 2.21 and comes in handy with the 200 ma on daily and the structural resistance zone. I will be looking for a shallow retrace of 23.6 or max 38.2 fib for going bullish again heading for ma200. That will probably be coming in around 2.57 at that time. I will be following...

Looks like the bearish bat is out looking for Robin for a short while after having had a three way drive to a bottom pattern But as always time will show. Safe trading ladies & gents. BM Music at work: open.spotify.com www.youtube.com

TRX should be finding support for a 3rd time at 88.6 support zone But as always...Time will show! Safe trading ladies & gents BM Music at work: open.spotify.com

Tree drive to a bottom pattern seems ready to pan out With gold catching a bit I'm looking forward to see next weeks price action for finding a bottom. I'm bullish in this area and looking for entrance to get long. We might see a quick dip to fib 1,27 at the 1,56 handle to create a hammer candle but not necessary. But as always.... time will show! Safe trading...

Gold need to catch a bid for this stock to prove a bullish move but does look interesting with this triple bottom I'm neutral to long.... but could become bullish very quick :) But as always time will show Safe trading ladies & gents! BM Music at work: open.spotify.com www.youtube.com