TLT.v Message Board - Msg: 32655079

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Microcap & Penny Stocks : TLT.v

TLT.V 0.185

-7.5%

Nov 21 2:48 PM EST

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kimberley

From: Underexposed	4/3/2020 9:47:25 PM
	1 Recommendation of 1867

It has been a while since I made a post here. Frankly for the last 3-4 months things were not so great from a TA point of view. But maybe things have improved....here is why I think this way. starting with the P&F chart, a former resistance at $0.21 is now a fragile support...It just crept over if it continues it will meet a strong resistance band from $0.25 - $0.26....not great news but hopefully a bottom was found....we shall see how good this rise is in the next chart. You see that red diagonal line.... this is a powerful resistance and it meets that red band .... if we rise.fall for a couple of columns in this zone we will meet it head on in that resistance band. I doubt very much that we would pass that point... but if we can do it....MANNnnnn... that would be good news. Getting on the other side of that red line would be huge. The columnSMAs suggest there will be some trouble getting over that next resistance. The Trigger chart is rather hopeful that we are rising from a bottom I'll start with the bottom circle. This shows a formation that I call the MACD/BBWidth squeeze... you won't find it in any TA book that I am aware of.... I discovered this formation about five years ago. This squeeze shows either a bottom or at least a rest.... it depends on what follows Look at the Slow Sto.... see how it is rising strongly from that mud under 20.... this is good. If it was just a rest that rise in Slow Sto would not be as strong.... but it must continue to be strong it cannot weaken now or it signals this rise to be a rest only. Now the main chart circle. What a nice strong gravitational pull to the 20daySMA....going to that average is natural in a consolidation period but this positive strong response is great. This is not the breakout .... I don't think so anyway....the Bollies are too far apart... but if it keeps going like this it will blast through the upcoming resistance band and red line ....and won't that be nice. Stay safe..... Practice social distancing.... Good trading UE

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