Taseko Mines Limited (TGB)

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Taseko Mines Limited (TGB): Signals

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Summary

Taseko Mines current pivot point (DeMark) is:
(R1) $1.055.

The current pivot point (DeMark) is:
(S1) $1.025.


[Definition]:
Demark Pivot Points start with a different base and use different formulas for support and resistance. These Pivot Points are conditional on the relationship between the close and the open.

[Calculation] Demarks Pivot Points:
1) If Close < Open then X = High + (2 x Low) + Close;
2) If Close > Open then X = (2 x High) + Low + Close;
3) If Close = Open then X = High + Low + (2 x Close) ;
4) Pivot Point (P) = X/4;
5) Support 1 (S1) = X/2 – High;
6) Resistance 1 (R1) = X/2 – Low;

Top 10:

Demark's Pivot Points

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