TYROPrice is too low, company finance too good, I have resources you don't have, I know the guy who knows the guy, so you better get onboard with me, or lose it loser.
TYR trade ideas
ASX:TYR Reversal?Inverse H/S @ 2020 lows.
20 ma / 50 ma cross
Strong bull bar after multiple tests of support. Great entry should this play out.
TYR.ASX_Breakdown CPR Trade_ShortENTRY: 1.67
SL: 1.92
TP: 1.415
- ADX>20
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FFI -ve
- Broke down heavily on 21 Feb 2022 and had been retracing since then but low volume.
- 25 Mar 2022 shows possible rejection of middle CPR and pivot point.
- Entry based on breakdown from monthly CPR today.
Patience will be testedHas formed a massive inverted H&S pattern on the daily. The neckline is $4.28c zone whist the ATH is $4.50c zone. Be patient with this one as chances of a false break are high. So are chances of a retracement from the neckline. The pattern is notorious for such behavior
$TYR $4.04 leaning on breakoutTheyve been grinding this one along for long enough, STT target in red
Holding
TYR.ASX_Range and Up Trendline Breakdown Trade_ShortENTRY: 3.28
SL: 3.48
TP1: 3.00
TP2: 2.64
- ADX<20. Would like to be higher.
- RSI<50,RSI>30
- Daily RS -ve
- Daily FFI -ve
- Daily MACD -ve
- Weekly RS N/A
- Weekly FFI -ve
- Weekly MACD -ve
- Breakdown from range and up trendline on 18 Aug 2021 first.
- 19 Aug 2021 showed buyers coming in but closed with a long head wick indicating possible sellers still in play.
- Breakdown today rejecting up trendline and support-turned-resistance area. Continue to be bearish as long as closed below this area.
TYR_Short on retracement after breakdown Wkly:
FFI < 0
MACD Bearish
Stoch D% + K% < 50\
RSI < 50
Good weekly long top tail
Daily:
RSI + FFI < 0
MACD bearish
Stoch D% + K % < 50
RSI < 50
Above avg. vol breakdown on 18 Aug 21.
Entry: $3.27
SL: $3.44
TP1: $3.05
TP2: $2.79
$TYR $3.95-$4 the break. Nice accumulation style VCP patternWeekly chart, like the accumulation on this thing. Above $4 good chance it tests ath's.
TYR Follow UpCheck chart. Please see previous chart Feb 16.
Please note these are my own notes for future reference, by no means trading advice to anyone. Please do your own research before entering into any trade or investment.
TYRCheck chart
Please note these are my own notes for future reference, by no means trading advice to anyone. Please do your own research before entering into any trade or investment.
TYR - SetupVolume decreasing, seems to be holding support well, depending on the market movements we could see this pop the next few days. IMO, DYOR.
$TYR nice breakout today on volume. But now heading into old hiQuite a few stocks heading into the pre-covid high. Be interesting to see how they handle it. Should provide a decent consoldiation and buy opportunity.
