THCOM : Solid support from 6.1 to 6.4

THCOM had a good run last year, but for the near term needs both a big increase in volume and a weekly close at 7.35 or better for it to turn bullish.

However, with support from 6.5 all the way down t0 6.10, if it can find a base quickly, and there is a clear increase in flows – to nearer 100m shares going through, even for a day, then it will likely start to be of more interest.

As of now it is  buy on slight weakness candidate, or a wait (for vols) and see punt.


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