THUNGELA RESOURCES LTD
Long

TGA: mean reversion trade

199
A price action above 27600 supports a bullish trend direction.
Crossing below this level will negate the bullish stance.
Further bullish trend confirmation above 28800.
Consolidation price range from 28400 to 30100.
Crossing above the 30100 resistance might support the price action to reach 32600.
Crossing below the 28400 support might be the first sign of pending weakness.
Linear regression channel pattern support a bullish trend direction. See the upward tilt.

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