Tatts Group Limited (TTS) - TTS had a positive day yesterday and on both the daily and weekly chart looks strong

Tatts Group Limited (TTS) - TTS had a positive day yesterday and on both the daily and weekly chart looks strong. Price has broken the May downtrend on the weekly chart and on the daily chart printed a huge bullish reversal pattern. TTS did close above the top of the Bollinger band and a move back to the mean ($3.02) could be on the cards in the short-term, but this looks like a buying opportunity in my opinion. Yesterday's favourable ruling from the Supreme Court to award compensation of A$451 million is seen as a material positive for the company and has seen brokers like Goldman Sachs increase its 12-month target for the company 25c to A$3.45.