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TRE

Started by fous, September 23, 2005, 01:49:34 AM

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fous

The Company

Tan Range Exploration (T.TNX) is a unique, publicly-traded financial gold company whose business strategy is to acquire royalty interests in gold production from its core assets in the Lake Victoria greenstone belt (LVGB) of Tanzania where a reported 40 million ounces of gold have been discovered since the mid-1990's.

Tan Range is presently the largest landholder in the LVGB - one of the most prolific goldfields in the world. Established producers in this belt rank within the lowest percentile globally in terms of cash production costs.

Our royalty strategy offers investors significant, low-risk leverage to gold prices, limited shareholder dilution, and the potential to have their shares valued at a premium in the marketplace.

-This chart is in an extremely bullish trend. I'm thinking about trying to fill a position tomorrow, gotta get rid of some slow performers first  ;). This chart is extremely similar to HOM.

-TRE is in the gold Industry, and the rumors are, gold is booming  ;)

-The 20 day EMA has served as great support for this trend. Likely to be where i will make a sell if i enter the trade. We'll see.

Here is a comparison of charts between HOM and TRE:

-fousc
trade it like you mean it!

fous

Price Action made a made a bounce of the 20-day EMA. If we have a white day tomorrow then  then it will be a great buying opportunity being that it has served as the support since this trend was formed starting on 5/17/05.

good luck all,

-fousc
trade it like you mean it!

fous

New Highs! time to make a fill?
trade it like you mean it!

[D] Investor

Whoops, I did not see your thread on TRE and started another...

TRE's a hot stock and is now on a bull run into blue skies territory.

Great long term pick as well IMHO.

fous

Quote from: [D] Investor on November 13, 2005, 11:38:34 PM
Whoops, I did not see your thread on TRE and started another...

TRE's a hot stock and is now on a bull run into blue skies territory.

Great long term pick as well IMHO.


No worries D,

Nice analysis on this one (applauds).

Price action has also broken out of an ascending triangle with a projected profit target of 4.17. As well volume has picked up significantly to support this new bullish breakout.

-fousc
trade it like you mean it!

fous

Chart update:
trade it like you mean it!

fous

Slight retracement on price action today, volume is staying pretty active with above average levels for the past week or so.

-fousc
trade it like you mean it!

fous

and aways we go! Price action making a nice rally today on above average volume

-fousc
trade it like you mean it!

[D] Investor

On the charts TRE's shooting star formation, high RSI (overbought) and decreasing volume all indicate that TRE is prone for retracement back towards the 20 and 50 DMA soon. This is consistent with TRE's past performance and makes a good profit-taking point. I sold my TRE yesterday at $3.36 to secure +23% gains.

But don't take me wrong, I am still very bullish on TRE for the long term. I predict it will rebound once it retraces back to the 20 or 50 DMA around $2.75 if not sooner. I will rebuy on the next bounce.

fous

TRE still performing :D. Broke out of another ascending triangle yesterday and retraced a little bit today.

-fousc
trade it like you mean it!

fous

Another explosive day for TRE  :)
trade it like you mean it!

Richard

Man oh man, I bought some of this back around 2.50 and then sold at 3.25-ish thinking it was done. I know I'm not supposed to look in the rear view mirror, but dang...

REALDEALS21

Ever since the 2.5 pop in eaely November, TRE has been in a HUGE uptrend !!

Today 5.69 !!  :o

fous

TRE is just loving to perform. I think ive warmed this bench seat long enough. Im adding to the arsenal in the morning.

Beautiful breakout of an ascending triangle

-fous
trade it like you mean it!

fous

Excellent day for TRE today. Things got a little shaky after i bought at the open of 8.30 on that ugly gravestone doji candle. But PPS made a nice bounce off the middle of the marubozu candle as expected and raliied today turning me profitable on this trade so far.

For now ill set my stop at my entry price of 8.30. Profit target is 10.75.

-fous
trade it like you mean it!