TLX has been steadily moving up for 18 months in a rising price channel. Two weeks ago it broke above resistance making a target of $8.75 but it could very well go higher as it should return to the upper boundary of the price channel. The sloping black lines show the momentum of past rises which could indicate where the current move up might end.

TLX 17Dec21

Contact

Robert Norman

Phone: 0428 346 951
Email: robert@sharecharting.com.au

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