Bullboard - Stock Discussion Forum TRX Gold Ord Shs T.TRX

Alternate Symbol(s): TRX

Metals & Mining Gold

TRX Gold Corporation is a Canada-based company, which is advancing the Buckreef Gold Project. The Company is engaged in the exploration, development and production of mineral property interests in the United Republic of Tanzania. The Buckreef Project's prospects include Buckreef, Bingwa, Tembo, Anfield, Eastern Porphyry and Buziba. The Buckreef Project encompasses three main mineralized zones... see more

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TRX Gold Ord Shs > TRX / TNX "good news, bad news"

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Post by CountOfMeltedCrisco on Nov 29, 2021 1:45pm

TRX / TNX "good news, bad news"

First, the bad news : this is probably going to be pounded to the low 30's, high 20's as tax-loss season really gets underway. Just one look at this year's chart tells the whole story, and people who bought back in Jan-Mar are going "What was I thinking?" and will be puking 'em here 'till Dec 31 because .... well, human nature is human nature.

Now, the good news! Once the tax-selling is over, there should be the sort of take-your-breath-away upmove such as it saw from the Dec '18 bottom

https://www.barchart.com/stocks/quotes/TRX/technical-chart?plot=CANDLE&volume=total&data=WO&density=M&pricesOn=0&asPctChange=0&logscale=0&startDate=2018-12-03&endDate=2021-11-29&daterange=specific&indicators=MACD(13,21,8);CHKMF(13);WMA(13);WMA(34);WMA(89)&sym=TRX&grid=1&height=500&studyheight=100

and this one will be even better because the Payday is closer.

Have your stink bids ready.

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