Tietto Minerals is up +39% from it's recent Lows as seen on the 30 minute Chart.
The Target has been Raised 12.5% to A$0.45/Share by Canaccord Genuity which is also the 1 Week VWAP Level.
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TIE.ASX Tietto Minerals has shown a recent +33% upside gain from it's Lows.
The Trend Cloud and 50 Day EMA is above the 1 Day VWAP, indicating possible further Bullish Action.
The Chart is self explanatory.
Should this action continue, then I am aiming for the 1 Week VWAP target level.
Please use your own discretion and choice regarding your personal investing...
Looking for a push above monthly open and acceptance.
"Range low" has to hold for this trade to work out.
Consolidation above monthly open is bullish signal for me to trade into Blue Box as target 1 and onto 2
Worry about target 2 if we hold the first Blue box.
Yellow highlighter indicates liquidity and stops that have now been wiped out.
Recent news...
TIE looks good on the weekly charts as buyers soak up the minor pullback above the EMAs. Expecting to see the pullback hold as a higher low and drag in more buyers in coming sessions. Watch the video for a more detailed breakdown of the price action.
Remember to take a look at www.tradethestructure.com
Possible support test at the 0.36 level, setting stop loss below at 0.35 and trying to catch this falling knife. Target is 0.73 with possible continuation
Tietto has been having a pretty good run without too much volatility. Recovering after a bit of a pullback, currently showing 50 buyers for 1,168,356 units vs 12 sellers for 755,079 units could be worth a look.
