Planet Wealth - Australian Stock Market Education » minning stocks http://planetwealthblog.com.au We are a stockmarket investment company that educates people on the strategies we use to create both income and capital growth. Thu, 29 Jul 2010 10:04:24 +0000 en hourly 1 http://wordpress.org/?v=3.0 TZN Short Term Trade http://planetwealthblog.com.au/tzn-short-term-trade/ http://planetwealthblog.com.au/tzn-short-term-trade/#comments Mon, 23 Mar 2009 22:40:04 +0000 Planet Wealth http://planetwealthblog.com.au/?p=471
TZN Short Term Trade

TZN is a mining stock that has been hit hard in this bear market, but it’s showing some positive signs, for the short term at least.

After coming off a $4.00 high in May 2008, TZN plummeted to a low of $0.31. The stock broke up through a 5 month down tend, came back down, used it as support and headed up again. In doing this, TZN has formed a small bullish pattern referred to as an Inverted Head and Shoulders (INH&S) See previous posts for an in depth explanation of this pattern. Should the stock break the neckline of the INH&S, there looks to be a clear run up to $0.86 before meeting any sort of significant resistance.

230309 tznaaaa TZN Short Term Trade

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