Titanium Metals Corp (TIE) Message Board

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Gold/Mining/Energy : Titanium Metals Corp (TIE)

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To: Daytek77 who wrote (15)	12/31/1997 3:44:00 PM
From: Ming	Read Replies (1) of 229

I'm short-term bearish, long-term bullish on this stock. I did a simple TA overview, and it does not look too good. 200D moving average is falling sharply, and the stock has just touched the upper Bollinger band. Since both bands are falling, the stock should move lower in the next 2 weeks. There are signs that the correction is coming to an end: momentum is recovering to near-neutral levels, and there seems to be strong support at 25-27. However, the stock is still consolidating, and I wouldn't expect it to rally anytime soon. For the long haul, it could trade at $55 in 2 years, assuming it hits all of the estimates. That's a double from current levels! Happy investing! Reagrds, Ming

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