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Re: Resumeblank post# 10475

Friday, 11/27/2015 12:38:45 AM

Friday, November 27, 2015 12:38:45 AM

Post# of 34575
This chart gives a very clear view of the battle going on for gaining support or becoming resistance.
http://stockcharts.com/h-sc/ui?s=TPIV&p=D&yr=0&mn=6&dy=0&id=p02454594760
The long volume by price bar, price itself and the interplay of the the 13 and 50 ma's with price and each other show just how intense this battle is.
adx is neutral (flat black line)
rsi favors down as does stoch.
Looking at both adx green and red, the best moves come when reversing off of 10 or lower.
If macd is thrown in it slightly favors down as well.
I think the board has the ST fundamentals laid out. Warrants pressuring price to downside. Expected news to then bring a reversal and upward move.
Fundamental view and TA view are lined up. Timing and emotion associated with these unfolding events will create the ST price moves.
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