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TMC SHORT TO 30p

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5miffy - Wed, 14 Dec 05 :

Wendy

I can't get the chart thing to work, I'll try later if I can be bothered.

The pattern is classic regardless of your protestation. It is, imo, a reversal H&S pattern but not yet confirmed. If my analysis is yet again correct the price base is 50p as measured from head to neckline and divided by 2. However once they get rolling they frequently go into titanic mode in that it takes time for them to pull up hence my 30p. 50p is the correct figure however.

For trading purpose I will enter with all guns blazing if and when it confirms in a couple of weeks maybe.

PS

i have not looked at even looked at one RNS and neither do i know who are on the board.




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