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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON?

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To: R. Gates who wrote (2054)5/12/1998 7:00:00 PM
From: R. Gates  Read Replies (1) of 6931
 
I thought I would have some fun this evening with a little (very little) technical analysis of TSIS. First, take a look at this:
tscn.com

Looking at this stochastic chart for TSIS, notice the very regular wave pattern that has developed over the past few months. Notice also that TSIS is going gradually upward during the "valley" of the stochastic wave below it and the TSIS price begins to dip down during the height of the waves. We are approaching another high part of the stochastic wave. From looking at the chart, it appears we could see .54 to .56 as a low in the current cycle, but, the GOOD PART IS, from a purely TA perspective, the next wave, beginning in about 7 to 10 days, should very easily carry us over .70, to near .75! This is all from a chartist perspective of course, but I think it is a bit interesting, and will be fun to see if it develops.
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