Ah_Meng
05-08

$TITOMIC LTD(TTT.AU)$ The moment I had waited for come and gone. In the chart, we can see the share price crossing the upper trend line that I have drawn, signalling further upside ahead. Obviously, there's also a need to exercise caution, given that in the secondary chart, RSI is approaching overbought territory.

I have written about TTT a couple of times over the past couple of months. I first entered a position in October last year following a correction. It has been something in my radar for a while and finally committed a position when the correction took place back then.

I found out about TTT from my research into other defence companies. Yup, I am holding a couple more defence companies if you are reading my post for the first time. I will share some of thoughts regarding them in a seperate post to save your 👀 power... [Cool]  [Duh]  

The article I have included below is not the latest news and is not the reason why the share price exploded. However, the reason is likely not far from it. It is a long time coming and I have been waiting patiently for it to happen. TTT has setup a US based manufacturing site late last year, just in time to benefit from Donald Trump's tariff game and US based manufacturing calling. $AML3D LTD(AL3.AU)$ is the other one that I am aware of doing exactly the same thing in a similar time frame. Interestingly, both TTT and AML3D, which I also hold, are into additive manufacturing or 3-D printing.

For those who has been following my articles, I hope some of you have benefited from it. For those who have not opened a position, with RSI approaching overbought territory, you could wait a bit. You could also take a small position if you are looking into the long term. With the middle term downtrend broken, I expect TTT to continue powering upwards, taking out its recent high of 30 cents. The breakout occurred with increasing volume, which itself is promising. That's why I expect better things for TTT going forward.

Join me and let me know how you go. Obviously do your own research before you commit.

@CaptainTiger  @TigerStars  @Daily_Discussion  @Tiger_comments  

# Winning Trades

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  • Ah_Meng
    ·05-16
    Nobody wants this… only 2 readers appreciate it? [Cry] Nevertheless, I am going to scream 😱 until 🐯 shared this wonderful story for a great company-in-the-making… the stock price is on 🔥 today. The volume is up… new 52 weeks high… defence, 3D Printing = efficient manufacturing and US defence is using it! Think for a moment, naval vessels 🚢 travel a long journey from destination to destination. Whenever something happens on board, like a simple engine malfunction, even with the best technicians on board, without the necessary parts, what can they do? The ship would need to readjust its course to a friendly port with the necessary facilities for repairs. This could take a big detour to get to these facilities!
    If this 3-D printer could be on board every naval vessel (it’s not that big!), how convenient that would be to print out the instant replacement parts! Do you know how big that is going to be for the company? Throw in maintenance fees! Wow 🤩! @Daily_Discussion @TigerStars
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