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This is the LONG TERM BULLISH INVERTED HEAD AND SHOULDER pattern I have been trusting. This pattern tells a very important story about TTCM.
http://ih.advfn.com/p.php?pid=chartscreenshot&u=mUCIrE%2F6yEW7bvzKgJF5fQdp89KOle0XKsYm7H%2FsBF0%3D&kslash=s
Watch out shorts!!!! The NEWS DOES NOT MATTER at this point. What matters is that we complete this pattern and break to the upside. The strength in this chart is in multiple places.
First the run up from nothing to about .05. Then the consolidation with a great Fibonacci retracement in September of last year. But what happened after that low is EXACTLY what a SEASONED technical trader wants to see. the second side of the head is almost straight up. This means that there was NO RESISTANCE EVEN WHILE REMAINING IN THIS DEATH CROSS scenario. The move up from September through October of last year was PROOF that the only resistance is where we are right now and that is that the buyers back in November of 2015 through about March of last year are STILL WEAK.
This WEAKNESS takes a minute to shake off. IF you are a believer in the company or the technicals or whatever it is that motivates you, NOW is the PERFECT time to buy shares. We are only a few percentage points away from MAJOR support...although I WAS able to find some support lines that DO line up at the low of FRIDAY. HMMMMM....COULD THIS BE IT?
The next week or two will tell. We have been in a very short term down trend just like every single winning ticker experiences some hundreds of times in the tickers life. We need to make the turn up at some point of support not at some point SOON. TIME should not be measured when playing this type of situation. It could take a day it could take a year to get out above .05. I for one am a wait and see and I encourage you to be as well.
I did want to mention that when the ADX is above 25 and trending up which is EXACTLY where we are at this moment, that is a STRONG TREND CHANGE signal to the upside. Is it perfect on its own? NO. BUT it is one of the most reliable.
Peace
To be certain, the threat of a so called DEATH CROSS in the case of TTCM is a non issue, much like that of MSFT in the chart provided. I talked about the AAPL chart but this will do.
http://ih.advfn.com/p.php?pid=chartscreenshot&u=gDX0M2MTt0VsCI%2BMaHgspoeISdDEdsrVpvDvTYVu98w%3D&kslash=s
I know that TTCM is NOT MSFT by any stretch...but who knows what the future is. My point in this post is do dispel unwarranted fears of a DEATH CROSS because 88% of the time a DEATH CROSS is your friend or the THREAT is as well. Look how MSFT CONSOLIDATED at each DEATH CROSS only to accelerate to the upside AFTER the consolidation. It worked like a perfect charm now didnt it? THIS IS REAL LIFE PROOF and not my thoughts. LOOK AT THE CHART for yourself.
I will repost the 18 month BULLISH INVERSE HEAD AND SHOULDER pattern as well in my next message if I can.
I have this to say about the lawsuit...if you are inclined to sell, then sell. You know what you need to do. If you are inclined to hold, then hold. You know what you can afford to win or lose. I truly do wish all to profit.
I for one do not believe for a second that this ticker is going in the toilet. It will go up and down but if it goes down it will not stay down. The 18 month chart tells me so. I must listen to the charts rather than have a "feeling" about this or a guess or even take one side or the other. I have said a million times the news is that we make the news and we say the news so far has been to HOLD and buy dips and the VOLUME and the ACCUMULATION line (as someone else mentioned) is telling me we go up.
The other thing that tells me we go up is the ADX. This generally is a reliable indicator for big boy tickers. I believe it is a good indicator now as well and it is telling me we are GAINING MOMENTUM in changing the trend to UP! I can go on and on. But suffice it to say WE SHALL SEE very soon which way we go. If you are long I say hold on tight if you are a seller then I say you better get out of this ticker because it LOOKS SOOOOO SCARY!!!!
Peace
ADENDUM: sorry the chart does not show up on this page. I will figure it out...suffice it to say AAPL went from about less than a penny PRE-SPLIT up to about $120 and rising with FOUR DEATH CROSSES LMAO!!!!! I will TAKE IT!!!! Give me a bit I will get the chart posted. Thanks.
Funny you posted your remarks as I was preparing this following chart. This chart is a true life example what happens when a company with a good widget and a humble beginning gets caught in a so called DEATH CROSS.
As you can clearly see, AAPL went from about $3 on this chart up to what??? around $120????? ALL with four death crosses!!! And before this chart, PRE-SPLIT there was an even greater % gain.
I inserted most of the copy in this chart. So using AAPL as an example of what is possible, seeing that Jon says TTCM can be even greater than AAPL, TTCM WELCOMES a so called DEATH CROSS at this very moment. Intelligent well seasoned investors will inhale any discounts on this ticker. Your remarks are timely and very well thought out.
TTCM has formed one of the strongest bullish LONG TERM patterns known to mankind. I trust it. I do not trust an indicator such as a DEATH CROSS that when threatening a ticker it has an 88% failure rate. I still have powder dry and I hope the same for you and all players here. I will be putting it to use if and when I get the chance. I hope you take a look at some charts that I posted previously.
Peace
ADENDUM:I did NOT include any MOVING AVERAGES like the 31 day or 50 day or 200 day because they are NOT pertinent in TTCM in any way at the moment. What is critical is that we complete this IH&S pattern with volume correctly increasing. We shall see...
Good morning. This is what I am looking at in TTCM. We do not have to come down and meet the blue trend line. But it would not be unhealthy. On the contrary it MIGHT be very healthy as we may need to shake out any more weak holders but I am not so sure that is possible.
http://ih.advfn.com/p.php?pid=chartscreenshot&u=WE52o7De3tUUrA4DNOAch6IGeVcUrrxC6BYQhiCdUxU%3D&kslash=s
The INVERSE HEAD AND SHOULDER pattern is common as a REVERSAL pattern. So when a stock hammers down for months or years at a time and then forms a BOTTOM REVERSAL HEAD AND SHOULDER pattern anyone and his brother can figure out that the ticker has a great chance of going back up as seen in the next chart. But that is NOT what we are looking at in TTCM.
http://www.forex4you.com/wp-content/uploads/2013/08/inverse_head_and_shoulders_pattern.png
What we are looking at in TTCM is the ultimate and rare INVERSE HEAD AND SHOULDER pattern that is formed as a CONSOLIDATION or CONTINUATION to the previous pattern which you can clearly see in the first chart that the trend was UP and THEN formed the IH&S pattern. So this is a rare pattern but in this rare pattern extending the right shoulder which is common in this pattern. Notice in the chart below how the RIGHT SHOULDER extends longer than the left.
http://i.investopedia.com/inv/dictionary/terms/Inverse-HeadShoulder2.gif
So today in my estimation, BUYING TTCM is the correct move at the moment. I trust this pattern. Look how the pattern has formed for month after month and then the right shoulder extends and then...OH NO!!!! Here comes the bad news JUST IN TIME to run the ticker down to MAJOR SUPPORT! IF I am right then the next move IS UP off support here. We may come down to touch the line in the first chart and that is ok with me. But I did not take the chance that we will. I am not good enough at charting to ever call the exact bottom EVERY TIME although I am good enough to be right twice a day. So I did not take the chance, I bought last week.
If there is disagreement with this I am open to challenges.
Peace
Oh MY MY MY...
FIRST I am so happy to see that there is a recognition AND credence paid to VOLUME. I have been screaming about this for so long. VOLUME controls the direction of the stock. This NEWS business about a lawsuit is FACT IN POINT. Think about it. Only the weak holders dropped off last week and long termers were there to buy up the discount as someone did mention cant remember who. VOLUME REMAINED SPARSE in TTCM the entire week. A strong volume day in my opinion would be somewhere around five or six million shares ON A TEN DAY AVERAGE. WOW...no where near close to that.
So back to the scary frightening death nail coffin filling spooky bandied about lawsuit. I made as statement paraphrasing " Dont you think Jon and the crew have an answer for this?" and the reason I posted that is because NO ONE WAS SELLING into the news. NO ONE except those willing to give up their shares which is almost no one. I have lived through this time and again and I was POSITIVE, because of the volume, that Jon and the boys were going to find a way to settle or win our right. If they were not able to do this the volume would have been ten times what it was AT LEAST!!! VOLUME TOLD THE STORY not the news or the courts or the trucking company or even TTCM. WE THE BUYERS AND SELLERS told the news. And the news is that the news is meaningless...which so many astutely espoused.
I love it when this happens...the bad news comes out JUST IN TIME for a scare in the ticker and the weak sell and the strong "stare down the barrel of the gun" and WIN!! I know we have not won yet but this is just one hard lesson I have learned over the years. I am SOOO GLAD I BOUGHT last week. SOOOO GLAD!!!
I am considering joining this board as a member this weekend when I have time so I can post charts explaining what I see. I have sent them to a few. Charts and volume give comfort even if they say to sell because selling is part of investing. But when they scream BUY ME BECAUSE I HAVE FORMED AN 18 MONTH MONSTER BULLISH CONSOLIDATION PATTERN and you actually listen and buy...wow...the pay off is incredible.
Ok peace to all and have a good weekend. I will see about joining.
ADDENDUM: The filing is due MONDAY since the 15th day falls on a SATURDAY!!!! UGHHHH I dont even care bout this I dont know why I post about it lol.
BRAVO and you are very astute in ALL three of the points you make...that is unless you got them off of one of my posts lol. JUST KIDDING!!!!
I DID say I found a little more powder will use it. Have you tried getting an order of even 20k shares filled lately at the good price for the day? Try filling a 200k order that some hint hint may want filled.
I have only got partial until yesterday when I got a little puny 15k share fill.
Someone else asked to show a day that the volume was huge to the down side.
WE HAVE NOT HAD A LARGE VOLUME DAY except MAYBE one but that was still sparse and sporadic. I want to see a heavy volume FLOWING day and for that matter I will take it UP or DOWN at this point.
Very good posts today. Enjoy your weekend and plan the trip.
Peace
I am glad to see those who are buying. I did two days in a row. I partially filled Weds and got a full fill this morning. I had to chase a little. Oh well but got a good fill. I am saying this because I am a LONG TERM holder of this ticker. The moment to moment NEWS on this ticker does not change anything I do. The chart has to tell me to get out and then it has to tell me again. I have stepped out of too many that were ready to crash and burn only to get run over by the freight train coming back in my face. Very heart breaking...VERY heart breaking. It will never happen again if I can help it.
The TICKER TTCM 18 month chart is the driver for me. To answer your question specifically "are we there?" No in a word. We may be and that is why I bought yesterday AND today and I filled some small orders for others I know who also have a LONG TERM view of this ticker.
If there is any way you can pull up an 18 month daily candle chart of TTCM and use the "Annotate" option and simply draw a trend line. Start on the LOW Feb 2016 and draw to the right and touch the low in December 2016 and keep going to the right. You will see that we MAY need to come down to this support. But then, if all goes well, YES we are there and this SHAKEOUT will be over. This is why I bought today and yesterday.
I have found a little more to deposit and I will be using that as well on Monday or Tuesday as long as everything is in order. The thing is, I bought because we MAY NOT get any lower. But if we do, I am in.
I have been calling for this scare out for a very long time. I think I wrote about it in a few different ways. The 200 MA IS our friend at this point and closing below it was not an issue unless it is on about 10 million shares or heading in that direction. So far the volume has been speaking VOLUMES about this ticker. None of this is a LONG TERM issue and ONE OR TWO days does NOT make a trend ( I am talking about being below the 200) We obviously are in a very SHORT TERM down trend.
One thing that has been happening which I like. That is the bigger bulk of the volume at the beginning of the DOWN days which is scared-E-cats and the other is the bulk of volume on the up days which is the LONG TERM believers in this ticker who are buying for long term. How do I know that the up days are bought by long termers? Because the volume is no where near large enough for a scalper to get a position and then sell it in an hour and make enough to cover costs and make money...AM I RIGHT?
To me the obvious is the volume. Love it. I actually love/feel sorry that the weak are falling as Oldtimey mentioned.
I want to warn of one thing. We MAY hammer down in a few more trading days just to really be sure the weakness is out. THAT day will be very big volume and I am going to try to hit that moment. I am not very good at short term analysis so do not take this to the bank. But I am going to try to hit that window because it will be the final carnage that we are waiting for.
Watch for news. It is eerie how news will come out immediately AFTER a stock tanks or looks like its going to tank and then the fuel has been released to send the ticker upward. I do not care about the news I care about the SP and pattern and volume but you cannot deny that news CAN move a ticker. And I am finding in penny land that that is more true than the big exchanges which makes the OTC more obviously flimsy.
I got nothing else. Have a great weekend and please do some very precise planning for the trip because I have to fly instead of cruise. I want to meet up with everyone. Do not forget me when the itinerary has been decided upon.
Peace
This is a cut and paste of parts of my post from 4/10 at about 8:30 at night. I am going to comment on it as well.
"Here is a PERFECT example of the type of fear we need to see in this ticker in order to wash out the weak holders. I truly appreciate posts about lawsuits and crimes and such."
I have lived through so many of these situations when the scare was so much greater than that in TTCM and the stock crashed and the entire world came to an end for the holders...only to have the stock skyrocket when the TRUTH came out and it may or may not have been bad but THE ABILITY OF THE COMPANY in question to overcome such a problem WAYYYYY outweighed the problem itself. As you know I am a chartist. And the 18 month INVERTED BULLISH HEAD AND SHOULDER pattern with the extended completion of the right side is EXACTLY what we are looking at. I said...
" This could not be a more perfect scenario. Look at how the ticker is slowly making its way to the 200 SMA. This is perfect. We need some really scary spooky frightening news to scare the daylights out of the weak holders and I HOPE this is it."
" I have seen this over and over again over the past twenty years when some freaky bad news comes out JUST IN TIME FOR the nosedive that is eminent" because of the stock pattern that has formed or is forming "and it shakes you loose of your hard won and bought shares and then ROCKETS up and past any number you can imagine. Call me a contrary investor. This IS the gun barrel to stare down. That is exactly as I am playing it and I have so much dry powder as I have been waiting for this...as I have said." I told a poster I did not buy yesterday and that I was going to buy at the open today. I did. I did not get completely filled...SUCKS. But I am making a point. THE 200 MA is your friend here and it is support. I said...
"The 18 month chart with the arrows and the number two chart I truly hope get reposted today so we can see the truth of the matter." ANY technical analyst worth his salt will tell you that this chart pattern is one of the strongest accumulation and bullish continuation pattern known to man. It IS going to be fulfilled to the upside. I said...
"Again, the way I am playing it is to watch THE CLOSE price over the next two weeks. NOT THE 50 MA but the 200 MA. We want to hit it (the 200 MA) with the SP and breach it and bounce around there and make grown men cry and beg and kiss feet and then and only then will we be free to sail. I am not interested in moment to moment or what anyone has to say about this ticker. The 18 MONTH CHART (hint hint) is all I need. See you at the end of the day tomorrow."
So here is the deal. It would be very foolish of any insider to hold if they thought the SP was going in the tank...right? WHERE THE HELL ARE ALL THE SELLERS???? In the past month only 10 million shares traded hands and lets say ONLY 3 MIllion were bought that leaves 7 million shares so about 225k traded hands...WHAT A JOKE!!! That comes to what??? 210,000 shares per trading day????!!! When we get to 225k trading hands per day I MIGHT break a sweat. UGHHH This balogna about the court and anything else is not phasing ANY insiders by any stretch of the imagination. So as a technical trader looking at the charts only, I say this hogwash about the court case affecting the company in a negative way is a joke and a half and WILL be completely forgotten VERY VERY SOON.
I said I was buying today at the open. I did. Since I still have some powder dry I will be buying again IF and when we get down to the FLOOR which is the 200. I am going to make a prediction that I am NOT going to be able to buy in at the best price because the "ask" is so skinny at any given time.
Yes I can say I have been whipsawed in my trading in the past. But this POWERFUL trading that has occurred in TTCM is one for the record books. And by the way, anyone notice we tracked the NASDAQ again today????? Hmmmmmmmm????????
Wait for it...
I have to be honest I try to read your posts but they are confusing to me. I appreciate that you put your idea out here and I am glad to have an opposing view. I prefer to communicate in full sentences and I think that is why I have such a hard time figuring out what you are saying.
Regardless, I think you are saying this is not a good time to buy. On the contrary, this is the perfect time to buy. For me I am not a short term investor on this ticker. I am on others but not this one. I am a long term holder. Buying at specific retracements IS exactly how a long term holder MUST perform and quite frankly it does take a lot more knowledge than it would take a scalper. I am a scalper as well so I do have a dangerous amount of knowledge of both types of investing. I am also a swing trader which in my opinion at the this point in the GENERAL LEGITIMATE markets IS the best way to trade. Swing to medium term. But on PENNY stocks the frontier is wide open and just about anything goes.
So I must say in contradiction to your posts, this IS THE PERFECT time to buy if you are a LONG TERM holder of TTCM. Actually, if you look at the big picture, the negative that is spoken about in TTCM here on the board and in many other circle actually HELPS traders like me. I am definitely more on the contrary side than not.
Lastly, I leave you with this, I see that you are fixated upon this idea that a death cross is something to fear. The general market conditions, the conditions in the ticker and many other things like volume and resistance and support come in to play when deciding to depend upon a death cross. The fact is that 88% of the time the threat of a death cross never materializes. So I go with the averages. As I think you have stated in the past that you called the death and golden crosses in TTCM. Forgive me for saying but there are some that are completely obvious and that IS the 12% that doe come to fruition. They scream in many ways so I do applaud you for calling them but in my circles I would not brag too much about those calls.
I am not always right. I only put into TTCM and any other ticker money that will not put me on the street if I lose. But I do not expect to lose a penny in TTCM. I expect over the next two years or so that I will be retired and meeting my new friends at their ports of call.
Peace
Ok, NOW start buying. We may go a little lower and we may stay here a few days but this is the buy point I waited for. Thanks.
Thank you for all the responses and other posts that are helpful in making good decisions about TTCM.
I do not think it is over. I know we touched the 200 MA but I cannot line up a trend line that matches the low of today. I cannot get a Fibonacci to work either so I have to say no not over unless the 200 MA support is so brutally strong that there will be literally no more selling. If we continue down it will be only a bit and will not be too much below .013 and it will be in a flash. No so called Death Cross is coming and absolutely NONE of the news of this court case will have ANY affect on the medium to long term performance of this ticker.
In my world of technical analysis, the chart talks and all other input is brain penetrations and should take a back seat and some wayyyyy back in the wagon. The 18 month Bullish Inverse Head and Shoulder pattern that formed in TTCM is so very rare. AND it has formed in the most technically sound way. I hope you read my previous post about the pattern I think Quaye posted a rerun of it...speaking of Quaye he should post more...AND I encourage you to look up the term as well and compare it to the TTCM 18 month chart. You will not regret it and you may even be predicting the next break out to the upside that is going to be all she wrote.
So once again I wanted to answer your question and my answer is most likely we are not done with this SHAKEDOWN. The volume has picked up a little but there was virtually NO follow through to the downside. So here we sit, I confess I did not buy today as I think tomorrow first thing in the morning will be a little better entry. LOL I know I keep saying this but then I am done buying LMBO!!!! If you have a full position then I recommend that you turn off the trading platform, read some cool posts on here and maybe watch a movie or two. Lets see where we are on Friday. OH WAITTTT.... I did want to mentions something
TTCM HAS been trending almost exactly with the NASDAQ since DECEMBER of last year. THIS is very good news and very pertinent. If we are moving with the momentum of the NASDAQ then it is only a matter of time. What this means is that serious money people are following the ticker and they are shorting ( I should check) based upon the momentum of the NASDAQ. They will go long when the time is right and then we have completed this pattern. WATCH the NASDAQ believe it or not and I am pretty sure we will get our answers. The NASDAQ is resting at its 50 MA which is perfectly fine. Also if I am correct then all the political news WILL have a POSITIVE effect on TTCM because the market will go up in the face of adversity. Also we are heading toward the last few months before summer vacation so we will find some momentum there as well. Picture looks PDG!!!
Now...Peace
Peace
When I was younger...much much younger, I had to walk to school. TTCM is much like that. I had to walk during heavy snow blizzards, and where I lived the winters were bitter cold. I never once took a bus or got a ride in any way for about eight years going to grade school. I walked in pouring rain, lightening storms, weather as cold as in the single digits, traffic everywhere. One year I sprained my ankle and still had the walk.
Playing TTCM is exactly like that experience. Trudging through the craziness to get where I was going. I said earlier that this IS the gun barrel to stare down. This IS the one that will put you on top if you just have the guts to buy now when the ticker is down and the sellers are selling out. I am claiming that this GUN BARREL is so scary that it looks like a .30-06 semi automatic and each trigger pull will leave only a hole clear through your head because of the power.
Well the truth is, playing TTCM actually IS just like the two scenarios only I didn't mention that my front door to my house was only 300 steps from the front door of the school and the .30-06 is one of those noise blowers that you get at a birthday party that extends and makes a noise when you blow it!!!
LMAO!!! This is all you got???? 1.2 million shares so thats about $25k in sales!!!!????? OMG!!!! This is the most text book hillarious shakeout I have EVER SEEN IN MY LIFE!!! Thank you to those who made today possible. I have one thing to say to those who are scared today...
BOO!!!!!!
Peace
Good morning. Now I believe I understand why the right shoulder in the 18 month "BULLISH INVERSE HEAD AND SHOULDER" pattern has been taking so long to complete. A VERY good possibility is this...that the real money that is looking at TTCM is waiting until this law suit is over so IF TTCM is liable the payment schedule will be worked out and be no big deal to the company instead of a drag. I have no idea what has occurred but I have seen this at least DOZENS of times with lawsuits. I ask the question, What if Dr. Jon postponed reporting until this week AND had the patent evaluated BECAUSE the evaluation will be so high that a few million lost in a lawsuit that has nothing to do with TTCM can get paid off with no issue?
Truth is I really do not care. But I cannot turn a blind eye to the fact if it is thrown in my face. What I CAN turn a blind eye to is deception, lies, BS that may come out of a company and I see NONE of that here.
This is EXACTLY what I have been looking for. This could be so scary to holders who are clueless and they will read about it on some news site and BAM they are out!!! We will know shortly.
This is a PERFECT example of the type of fear we need to see in this ticker in order to wash out the weak holders.
I am hoping this news will come out and scare off those who do not understand how to build a company. Lets say that the lawsuit is for real and Jon is liable. Think about it...ITS ONLY 2 MILLION. Is the five year evaluation of the patent over a few billion? This could not be a more perfect scenario. Look how the ticker is slowly making its way to the 200 SMA. This is perfect. We need some really scary spooky frightening news to scare the daylights out of the weak holders and I HOPE this is it.
Do you not think that DR. Jon and the group have a plan for this if it is real? I really do not care if it is real or fake but I have seen this over and over again over the past twenty years when some freaky bad news comes out JUST IN TIME FOR the completion of a SP pattern that culminates in an eminent nosedive and it shakes you loose of your hard won and bought shares that you sacrificed weekly and monthly and bought in and then out of nowhere and for no APPARENT REASON ROCKETS up and past any number you can imagine right when you KNEW FOR SURE that the ticker was going into the tank.
Call me a contrary investor. This IS the gun barrel to stare down. That is exactly as I am playing it and I have so much dry powder as I have been waiting for this...as I have said.
BRING IT. The 18 month chart with the arrows and the number two chart I truly hope get reposted today so we can see the truth of the matter.
Again, the way I am playing it is to watch THE CLOSE price over the next two weeks. NOT THE 50 MA but the 200 MA. We want to hit it with the SP and breach it and bounce around there and make grown men cry and beg and kiss feet and beg the gods of the universe to PLEASE at least let them get back to even so they can sell and they PROMISE NEVER to buy another ticker again and then and only then will we be free to sail. I am not interested in moment to moment or what anyone has to say about the HEALTH of this ticker. The 18 MONTH CHART is all I need. See you at the end of the day tomorrow and over the next handful of trading days and we can talk about this again...we can see if I am correct.
By the way, about the cruise...I will have to meet you at the destination because of health issues I cannot cruise. But, I WILL be there.
Peace.
May I ask how you know that news is coming?
Ty Rebel! I noticed I made a few typo's but I think readers will get the gist. Kind of you for helping.
As for the fundamental positive and negative in Tautachrome...I refer to the song. Play it and rock on for days.
If the inner workings of TTCM are so damn negative as some would espew why are the buyers out buying the sellers? Why after almost two years is the stock at or near the high of said time? I would think that sellers and those "in the know" would easily over run the buyers.
Oh well, if "wants" and "fake news" were candy and nuts we would all have a merry Christmas!
Ha ha... I have been doing technical analysis for over twenty years and I have NEVER heard of anything called a MINOR DEATH CROSS. This term is completely made up. There is no doubt that a fast moving average like the 20 day or 30 day MA has no place in the technical analysis of MEDIUM TO LONG TERM view of a ticker symbol. Furthermore, no matter if you are looking at an index or an individual ticker symbol, a scare of a DEATH CROSS FAILS to the UPSIDE more than 88% of the time. THIS IS A FACT.
There is further proof that TTCM is not facing a DEATH CROSS that will kill the next up move in this stock.
As long as the ticker in question has a history of strength ( there is quite a bit of information to determine this which I have made efforts to do over the past couple months ) then a DEATH cross is not a death cross but a point of SUPPORT. This is proven over and over again in ticker after ticker.
If I were not well versed in technical analysis I would be very careful what I believe. An example is that it is said that the 50 MA is now RESISTANCE and not support. What is completely left out of the equation is that TTCM has formed a one and a half year CONTINUATION pattern that is one of the strongest known to man and MUST have consolidation in order to continue its traverse upward. This pattern has FLUNG the 50 MA up above the SP in TTCM and I find it completely NORMAL and HEALTHY as a way to shake out WEAK holders of the last run up...as I am positive there are some and will be selling from FEAR when the SP reaches the 200 MA again in short order.
I read a definition of a DEATH CROSS here somewhere and it says that VOLUME HAS TO BE INCREASED!!!! for the DEATH CROSS TO BE VALID. I dont know about what anyone else sees but ISNT THE VOLUME DROPPING??????!!!!! This in my opinion is the danger in claiming technical knowledge, that is, not enough study is put into this art and it becomes more dangerous than helpful.
TTCM most likely WILL visit the 200 MA and this time it will be WICKED scary...I hope...in order to finally shake out the weak holders. Volume will increase on ONE OR TWO DAYS. As we have seen recently we are slowly and without much volume, moving down to the 200 MA.
Also, as for the ACCUMULATION LINE, TTCM needs a bit of a break. I have no confidence in ONE indicator over another as a standard. Different indicators come in to play at different moments of the ticker's life. In the case of TTCM, we have been in ACCUMULATION for over a year. I have RARELY SEEN that in regular tickers let alone an OTC ticker. This is wonderful to see.
When it is time to bail, I am going to say so. But now, at the looming SHAKEDOWN coming...so far it is indicating to me that it is time to BUY!!!!
Lets talk about what a "DEATH CROSS" really is. The reason I bring this up is because there seems to be GREAT confusion as to what exactly this is and what happens when it ACTUALLY does occur. TTCM IS NOT anywhere near a "DEATH CROSS" so I am going to try to alleviate some unwarranted fear.
According to Arthur Hill, one of the most renowned technical traders in the world, according to Hill...
"This event occurs when the 50-day simple moving average crosses below the 200-day SMA. While this event has triggered a couple of good signals over the last 20 years, the majority of signals have not been very good."
From 1994 until 2015 the Russell 2000 AND the S&P BOTH had more than 22 close calls and actual "DEATH CROSSES" fifteen of which were actual cross overs. The funny thing is, during that 21 year period the Russell went UP from about 250 all the way to 1250!
DEATH CROSSES ARE A SCARE SCAM AND A JOKE. A much more sincere way to look at a death cross is that it is a SHAKEOUT if and only if the underlying ticker or index is generally in a strong position PRIOR to going into the chart pattern where the 50 MA crosses down below the 200 MA. TTCM IS NOWHERE NEAR THIS POINT.
Now if we are talking about the STOCK PRICE heading toward the 200 MA while most other indicators are very strong to the positive, TTCM IS near that point again. I know this is a challenge to embrace but IF TTCM has a widget that is true and actually real then we NEED to be visiting the 200 MA multiple times during a bull run in the ticker. I DO believe based upon the chart that I have sent to a couple people here that TTCM IS the golden child that will complete its one and a half year long consolidation pattern STRONGLY to the upside after weak holders bow out and cannot take it anymore.
I am actually hoping to see a lot more negative on the board but alas, TTCM has been mostly ACCUMULATED by strong holders. This ticker IS the enigma that I expect it to be.
I hope this helps and I do wish peace to those who seek it. To those who do not, maybe you will hit your personal 200 MA and find peace in your recovery and get your bearings in investing in TTCM!!!
I noticed last night that the ADX in TTCM is moving up. The ADX is probably the only medium to long term indicator of a trend CHANGE that is pretty reliable.
If you ever ask me a question that I may not want to respond here please include email address so I can properly respond without breaking rules here. If you look at my previous post this week I posted there once. But if you PM me with an email I can tell you what I think is going on in the nugget. There is a LOT of silliness on that board.
Peace.
Very nice example. And thanks for the compliment. I have stated many times that price action and volume are the first things I look at. The price per share on your stock has been locked in a down trend for an entire two years. I didnt go back any further. The first thing I noticed was that the entire two years the 200 MA was a CEILING and not a FLOOR. The 50 day was UNDER the 200 the entire time except a moment or two. This ticker has been in a terrible downtrend and I would never even try to scalp it. This could never be anything I would invest in.
I did put up the A/D line under the stock and you are correct that the A/D line has trended up for about a year and then crashed. In TTCM the stock, on the contrary, has completed an upside down head and shoulder continuation pattern AFTER a MAJOR blowout to the upside from February 2015 until the beginning of 2016 when it started forming the pattern I recognize. The only pattern I can recognize in your stock is a down trend.
I have stated at least a few times that I bought TTCM after about ten minutes of looking at the chart. The A/D line was not the FIRST thing I looked at. Although now, I DO believe it is a strong indicator, one of many that are showing strength in the stock. The OBV for instance on TTCM has continued a trend up. On your symbol the only time it went up is when the stock went up for a short time then it continued its downtrend. The OBV marks the close while the A/D line simply marks buying strength.
I can go on if I had a lot of time. Suffice it to say the chart told me to stay clear of the symbol you bring up. I am glad that you did bring it up though. It DOES prove that ONE indicator is NEVER strong enough to make a long term bet on a stock, which is something I have said at least twice here as well. AND the trader must always be ready to pull the trigger and take a loss if need be.
I am waiting for this weakness to come to fruition in TTCM by most likely revisiting the 200 MA and finally scaring out weak holders. But as I also stated in not so many words, right now the 200 is the floor. If it becomes the ceiling...I am OUT!
Cool? Let me know what you think.
It is a shame that people get burned on the OTC. But the OTC certainly has its place in a society of trailblazing investors. I too was burned on two OTC stocks but got it all back by scalping one...twice.
I hope you do not take anything I say personally. I got burned and it was my own fault. I believed in a company that was FULL of toxic financing and had so many other things wrong with it. The main guy was a good man with good intentions but well, it sucked. The second was a shipping company that I thought was a better investment because I felt that the shipping industry would make a tremendous turn around by now and well, again...it sucks. I sold both and then scalped a ghost company that many are still buying into even though it is a true pump and dump game being played by much bigger money. My point is, if you forgive my honesty, technical analysis is way more important than believing in a stock in my opinion. TTCM has formed a beautiful one and a half year continuation pattern. It will go up from here if the pattern completes. This is the only reason I am in this stock until the pattern explodes to the upside or breaks down. I am in for the conclusion one way or the other. I will know when to cut my loss and I will know how long to hold. Technical analysis is going to tell me every step of the way. As long as I have fingers and you allow my comments, I will post them.
I expect TTCM to complete its pattern and head upward. My time horizon is about three years maybe more all the while making more and more money as the stock goes up in an up trend. I am doing my regular things in life and watching things happen. Even though there is little movement in the TTCM there is a LOT going on. It is fascinating. I think I found another little nugget that is moving quite well. This is fun lol.
Peace
All in all its just a
Nother brick in the wall!
When the buyers overwhelm the sellers or even the sitters like us, when the buyers rush in the stock will go up. Not until then. I am grateful to all for input here on this board.
Indulge me a little repeat of a story about a company that refused to say a word about the inner-workings of the company until reporting was due. This company went from under a penny and today if it did not split a million times the price would be about 10,000 per share at the present price...twenty years later. The point is that they NEVER gave out any information unless they had to regarding progress. The markets HATED that about MSFT and yet they refused to give guidance. It paid off big time. I am not sure but I believe MSFT is on of the biggest tech stocks ever to exist. This is a good thing. Mum is good. Mom is good too but Mum is good.
So to find peace I say go play with the kids or grand kids, paint a picture or grow a garden and come back some time by the end of summer. You will be glad you did.
Nothing has changed in my long term view of this stock. Some say they are impatient and even say the SP action is pathetic. I would think those people who say this are indicating that they are in it for a scalp? That is a question. Because if you are in it with a long term view you would hopefully be betting on the strong aspects of the company and not the insignificant issues.
I use the word insignificant because SO many tickers went way high in the last tech stock bull market in the late nineties and they didn't even have 6k in the bank. This bull phase of the market is one significant issue.
Another VERY significant issue is that TTCM has UP LISTED. This is extremely rare and now the management is quite liable for audited accounting, honesty in PR's and other rules set forth on the very first page of the OTCQB.
Of course I mention the one and a half year long consolidation pattern that will culminate to the upside when the investor gods rain down on TTCM.
I am not whipsawed in this ticker at all. If we hit the 200MA again it will be the last time. I thought it was last time last week but of course I may be wrong. But if we get to the 200 MA again I am buying again. This time I am more ready. I know those who I sent the MSFT "shakeout" chart to can see that the 200 MA is a very important part of a bull run in a ticker. Think of it this way, the 200 MA is there to HOLD the stock UP while at the same time giving JUST enough scare to the weak holders so they get out and give us a more clear path upward. The caveat is of course that if we hammer down below the 200 and we do not recover within a few days then there is danger of continued downward move. I do not see anything like that now.
I acknowledge that my short term predictions are flimsy. I am not good at that type of call. Medium to long term is more my thing and I am still a bull at 10 on the scale.
Patience is Peace
I have no idea what this company does. I bought a small boatload last week on a whim. BAM!!!! I guess I have to start reading the posts here.
I want to know the valuation of this company if anyone knows. I bought on a technical point that we had a small bump up and came back down to a technical support point on the chart. I had the feeling we would go up but 500%!!!!!!????? Wow.
I am an armchair technical analyst with very little fundamental knowledge. This is a PERFECT example of the technical's PRECLUDING NEWS. I had no idea the news was coming.
I guess I better get to work on this ticker. Is there a long term view on this stock? I see we are increasing income this year. Does that mean another 50% next year? Do we try to get on the NASDAQ? I do see that this pink is now CURRENT which means we are heading somewhere but the transfer agent is still gagged? I can see that the financials are NOT audited which is not good but can change. Thanks for any information.
Peace
Interesting posts today. I wanted to wait until the close to post this.
WAIT FOR IT.
Just simply wait for it. Yes I have a multi year time horizon on this ticker and I have posted why. That is, where we are in the bull cycle on tech stocks, where TTCM is on a TECHNICAL long term CHART PATTERN and yes I admit because of some of the amazing fundamental analysis I have picked up here on the board.
I am seeing technical indicator after technical indicator turning up. But the thing is, they have turned up in the past right? Well, not like they are now. It is a symphony of indicators, many on the charts above, that are all turning up hard and the reason I say WAIT FOR IT is because THIS turn, is completely UNLIKE any in the past. Of course we may weaken but I do not think so. What makes this turn completely unique or rather, MOSTLY unique is that the indicators are ALL turning up FROM A VERY DEPRESSED LEVEL.
I have no idea how hard we are going to go up. We still may test the 200 DAY MA once more but I do not think so. Can you believe that the Accumulation Line made ANOTHER new high today? UNREAL. I know most do not understand the OBV but TODAY it bounced up off a trend line that reaches back more than five months. All the Stochastics are turning up from the slow to the fast and same goes for MACD's from slow to fast.
WAIT FOR IT and Peace will come your way.
PS. I truly lucked out today. I bought a ticker last week and it was up 500% today. Check out my past posts. I will post there now. Unreal.
Thank you very much Taxplayer. Technical analysis is not perfect by any stretch. But, I have a quick trigger finger. I bought TTCM within a few minutes of just looking at the chart back in February and of course bought much much more since then because of great posts here giving me confidence.
I want to say I have read some of your posts and I for one truly appreciate your long term view of investing. Bravo.
Peace
I went "out on a limb" Friday. Immediately after I posted that last prediction, I wanted to delete it. Who in their right mind who cares about what people think of their posts, who in their right mind would say something as crazy as predicting a DAY in which a stock would make a SPECIFIC move. Ughhh
Well, I am actually feeling a little better about the prediction. The closer I look at indicator after indicator relating to TTCM and TECH stocks in general (NASDAQ STOCKS) the more I find myself convincing myself of the next move in TTCM when of course my normal approach is to find reasons to doubt. We have an EXTREME amount of pent up INDECISION at the moment and as I did espouse I expected the next move to be UP. This indecision coupled with NO selling (Accumulation Line), coupled with tech stocks making a MAJOR move to the upside (NASDAQ) coupled with indicator after indicator turning POSITIVE is all a very provoking and powerful build up of fuel. In addition, I stated a while ago that we are fully engaged in the second phase of a 15 to 20 year bull market. I may be wrong about that...We may be entering the THIRD and FINAL phase of the bull market. I see utilities being bought a little. I see defensive stocks being bought a little. Not enough to make anyone scared that we are going to tank but enough to say we may be entering into the final phase of the LONG TERM bull market.
The EXCITING thing is, if now my vision is actually more clear and we are entering the final phase which in itself takes a few years, then stocks are going to go freak mad wild up. I cannot wait to start talking about "blow offs" with you so we can see what a final phase looks like. So far, I have not seen ANY indication of this but money is moving into defensive stocks...A LITTLE.
Tech stocks like TTCM will be part of the immense rally because the SMART MONEY (lol like us) are already loaded into the tech stocks. Then the mutual funds are or have loaded in. When you and I start hearing the general public start talking about tech stocks and the NEXT BIG THING, we will know we have arrived. At that point, TTCM will be in oblivion. I am POSITIVE that the main players and management in TTCM are fully aware of this. Judging by their age I can assure you that they have lived through the last three phase bull market that culminated in 2000.
In my humble opinion, we are at the VERY BEGINNING of a bull market in TTCM. Daily movements will mean nothing compared to longer term trends. We will go up and down over the next few years but of course the entire trend will be up up and oh did I say UP?
This may or may not depend upon whether or not Klickzie is real. There were dozens of stocks that went to the moon that had NOTHING during the last third phase. I have mentioned MICROSTRATEGY. It went from about 3.00 up to 250.00 in a matter of a few months. It was a turkey and does not exist. Hype is everything in the third phase. I am hoping KLICKZIE is real. If not, I will deal with it. But all indications are that it is real. If it is real, the next few years are going to bring us holders MILLIONS and MILLIONS of dollars...beginning with tomorrow. If it is a dud, maybe we will still make some money but not near as much.
Always wishing peace and prosperity.
Thanks for the support Ruckmusher. I appreciate your questions as usual. I would guess that the big boards readjust because there is trillions of dollars at stake...unlike the OTC. BUT that does not preclude people from taking gains and losses at all. I guess each individual stock will act differently so to broad brush the OTC would be less reliable.
BUT in the case of TTCM I have been saying we are in a period of indecision which to me can have different looks. The way TTCM looks now IS indecision and IS end of quarter adjusting. Of course it is easy to claim in hindsight. So thats why I said today I am going out on a limb. I know I do it, that is make short term predictions and they are much less reliable than longer term. So today I went out on a limb and offered a pretty decent reason for the previous weeks SP action in TTCM. Not sure anything I said today will hold up in a court of law lol. It was more for fun and to give good vibes for the weekend than anything.
The truth is, a year from now, two years from now and beyond...none of this will matter. Right?
I just met you and I already really appreciate your friendship.
Going out on a limb today. When people post to the public, either they care about their reputation or they do not. Those who do, and there are so many wonderful characters on this board who do and it is greatly appreciated, but for those of us who do care about our reputation we do not simply spout off silly comments and hope to be correct. We try to be honest and well versed whether we are right or wrong. The Powers of the Universe only know that I have had my share of wrongs and will continue. This is why I mention some here on the board and they mention me as reliable. It is not that we are right or wrong, its that we may have a good argument for our point.
So here is my "going out on a limb" and playing a little with some information that I have kept silent on because it could be just simply absurd. If it is absurd or meaningful, we will know on MONDAY. Today is Friday after all. I try to enjoy myself on Fridays.
So today is the END OF THE QUARTER. If you look at the big boy tickers on the NASDAQ since that is what we would be if we were listed on big boards, but if you look at the tickers there you will find similar action in the stocks as TTCM over the past two weeks in a great amount of tickers. I mentioned that TTCM was going to visit the 200 and breach it as we have seen but after we did I said it was "unprovoked" and that is what we want to see. Well as that move is my focus for this post, while the move WAS unprovoked by news it was provoked by something. And the timing was PERFECT...that being END OF QUARTER when you, if you report quarterly, when you adjust your portfolio. You TAKE PROFITS to offset LOSSES as one way to make adjustments.
I cannot tell you how many times over the past twenty years that I have seen the NEWS or the END OF QUARTER coincide with the drastic movement in the SP of a company I am watching and that moment in time being the completion or beginning of a new move in the ticker. Of course, the SP moving before the reason given (sorry fundy people, you know I have a love for you but I believe the technicals tell the story before the news). As a matter of fact, I think there can be an argument made for general, seemingly unprovoked radical SP movement in gobs of tickers at EOQ. And today IS the END of the QUARTER.
I am not saying every single ticker gyrates at the end of a quarter. But look at the chart that QUAYE posted of MSFT the other day. LOOK CLOSELY at the end of JUNE 2016. SPIKE DOWN. If you and I had an hour I can show you on the MSFT chart how the end of quarter is VERY meaningful in determining the SP at any given time. EOQ is not all of it of course but SOMETIMES is a puzzle piece and I believe that in the case of TTCM it very well may be.
This is more simple fun and conjecture today but sometimes you wake up in the middle of the night with a thought. I think I should be allowed a little leeway today to be less scrutinized on my content. So today, I am looking to MONDAY to possibly be THE gap to the upside that I am talking about or at least be the undisputed beginning of such a move. Again, this is more conjecture than fact so give me a little break and I will wish you great peace today.
If you want anything from me which I love to share, please include your contact info in the PM so I can respond. Lol you know who you are. I am sure you forgot.
Peace today and tomorrow and always. This is an amazing ongoing movie to watch.
If it weren't for other posters here I would not have the confidence to post my findings. My hat is off to Beandog especially. Am I right? His/her posts have enlightened me and directed me to do more fundamental analysis of this company than I have ever done on any ticker. But everyone has been completely helpful. I hope I have as well. So far we are not in the muck pond with six or seven thousand other OTC tickers. When I first came here to this board after being on three others, I did not even know what it meant to "uplist" and what a powerful piece of the puzzle that is. To say a company has uplisted tells far reaching stories about the company. I have found another ticker and mentioned it here on this board. I am watching it to see how it performs. I think in time it will blossom as well. I believe we, TTCM will never visit the muck pond again. I truly hope I am right and we all are right.
I have been wanting to post the following. So I claim that Technical Analysis with minimal fundamental analysis is all you need to be a successful investor. One reason I think this is because of something I have read twenty years ago and then again for the first time recently I think it was here on this site or a link provided. The statement is "A secret can only be kept by two people...as long as one of them dies". The truth in this is compelling when you equate it to investing. I am sure you see where I am going. The word gets out that a company is creating a successful widget that will permanently get rid of zits. The company is trying to get a patent. They file for one and there you go. The word is out to the public if it isnt already because all of the family and friends know about the zit cure and I promise they cannot keep a secret.
Lets say you are an investor with 10 million dollars. The zit cure company decides to go public on the OTC at .01. You want in. You and a thousand others WITH TEN MILLION DOLLARS. I can tell you there is no way that you can get in with any real investment in terms of capital. So you try to buy little by little. You got your ten mil because you were smart in the first place and the last thing you are going to do is jack up the price so you pay more. So you sit on the sidelines and you slowly take your position over a period of a year or more because you KNOW for a FACT that the zit stuff works perfectly and you are not going to miss this rocket. So you buy. Your friends see you buy. You talk to them. Then all of a sudden you have hundreds of millions of dollars trying to get into your stock and the price goes up.
I tell this because the word was out on TTCM LONG ago. No matter what the true fundamental are in the company, the stock price is showing that whatever the company, TTCM, is doing, the investment community IS buying in and IS holding shares. When the software is complete on the TTCM widget, watch out. AND I am going to say now that I believe that the charts being the SP and Volume are proving out this fact. The SP and volume, if you can read them, tell the story of the company BEFORE the news comes out to the general public. Those who know about the Klickzie product have a HUGE share in this company because they KNOW it to be true. The question is, do they KNOW it to be true because the want it to be true or do they know it to be true because it simply is. This is where we are. THIS IS where the stock price is.
Look at the Price Action the past couple weeks. It is all over the map. Look at the chart provided of MSFT by Quaye. MSFT was in the exact same fundamental and technical spot as we are in now with TTCM. INDECISION.Indecision is the key term now UNTIL we do one of the following. One, we break down and crash and start all over which I just cannot see happening because of all the other supporting technical factors. TWO, we play around on High then Low volume between .016 and .03. This is the most healthy action we can hope for and this should last a little while. So here is my prediction...
When the indecision is over and the actual truth comes out about Klickzie we are going to wake up one morning and the first trade in the company for that day is going to be about .04 or better. This will be the completion of this present pattern. The gap up will NEVER be filled as I am not a believer in gap filling like most technical guys are. From that point on, buyers will beg you for your shares and we will view the world differently...pun intended.
I gotta run without proof reading this. So if I make a mistake sorry, but you do realize that I wish good things to come your way. Especially peace.
I think I missed something, which happens frequently when doing TA. Most of the time I miss the thing that points to something bad. This time however, I believe I missed a huge GREEN flag not a red flag.
This past week WAS the second test of the 200 MA that is common for a good shakeout to occur. I completely missed the fact that after the HUUUUUUGE run up of September and October of last year, the ticker went back down in December of last year and shook out weak holders by returning to the 200 MA! THAT was the first shakeout and the volume confirmed the stock movement. Actually the volume has been GREATER since December AND the shakeout HAS continued until now AND this phase that we are in IS the second and last shakeout. It was right in front of my face and I didn't see it. This "test" of the 200 most likely IS the final test. I said the other day that I think we will come back and test it again....now I do not think so. I think the testing is over.
Not that this matters in the LONG and LARGER scheme of things. TTCM has formed some of the strongest LONG TERM chart patterns with volume confirming than I have EVER seen in a penny stock and I do fully expect that by this time next year things will be much sunnier and the sand may even be in between my toes. I did send the chart of MSFT to a few people explaining this pattern and what happens after a second shakeout. You can see VERY clearly in that chart (which is exactly what you see in regular listed stocks) you can clearly see that the second shakeout is the one that technical investors look for as a window to buy. This MOST LIKELY is it.
We will see but I expect sometime over the next ten to fifteen days we will be done with this price area and we will move on to an even better place. If you want the chart of a MSFT shakeout PM me. The shakeout in MSFT was huge and long because there are BILLIONS of shares trading hands. The shakeout in TTCM will be MUCH smaller of course.
Have a wonderful peaceful day.
Time to look at the trend again. It is hard to believe that this shakeout is over. We spent a couple days touching the 200 MA on only a total of about 3 million shares. But, as stated by me and others, TTCM is an enigma.
I truly thought we would hammer down hard with at least five or ten times the ten day average shares. I think I know the reason that we CANNOT get a shakeout and most likely do NOT need an exhaustive one. Am I in crazy land or did the Accumulation Line make a new high yesterday!!!?? WOW! NO one is selling this ticker.
Since no one is selling is there still weak holders? The ADX or Average Directional Index could tell us. It is posted on the chart above on the TTCM Ihub page. So the black line which IS the ADX is above 25 which means "strong trend" and the direction of the line is up so we know we have a strong up trend. IN a strong uptrend you have continued shakeouts in order for the ticker to remain in the trend, which we just witnessed or rather we ARE witnessing now in TTCM. Looking at the GREEN +DI on the ADX chart, we are NOT above 25...yet. I would definitely bet that we are going to be above 25 but just not yet. This is why yesterday I said that we are not done with this shakeout yet. Once the green +DI rises over 25 it WILL be off to the races. The ADX has been the most reliable "TREND REVERSAL" indicator I have ever used next to Fibonacci Reversal points.
I sent to a new friend in a personal email exactly what a real shakeout looks like. If she wants to post it here with the chart that would be fine with me. I think if she did it might turn a few weak holders into stronger holders. I refer back to this chart when I question a trend. Or if you private message me with your email I will send it.
So right now, I still expect sideways to down UNTIL we have the green +DI confirming the ADX. This is a very exciting time for TTCM holders. Because of the awesome price action in the ticker, namely coming down to the 200 MA and recovering strongly AND the Accumulation line LOCKED in an uptrend, I suspect this shakeout will not last much longer and we will see new highs soon. VERY SOON. Buyers keep buying and holding. This is evident.
I hope this helps. I am glad I bought on the dip the other day. I will say I DID NOT get the shares I wanted. My order only partially filled. I do suspect, sometime over the next week or two that we will revisit the 200 but we will not go below the low of two days ago. If we do, LMAO...WATCH OUT! We will rise quickly and buyers will buy at almost any price.
Peace.
The world needs more like you. Bless your heart. I wish you would reconsider and only sell a few thousand shares at 3 lol. I am kidding. You know what you need to do. I am touched.
Oh wait...Seriously an ADDENDUM:What has happened so far today is that we have only retraced to the BOLLINGER BAND "midline". We do have to get past that to the upside....THIS actually may take a few days. But we will. Ok now my post...
Ok what the hell is going on here???? I write a post, wait for the market to open, we open down on like six shares, I go back to bed and now look. What the hell? Who is doing this????? LMAO! Am I allowed to get 50% on todays prediction? We did open down?
Lesson: TRUST the LONG TERM indicators like the newly named ACCUMULATION LINE! TRUST Chart patterns as long as VOLUME confirms price action. Can' say I am not happy to be PARTIALLY wrong.
Thank you deeply to all for all your DD. Kash, Rukmusher, BEANDOG Grand, OLDTIMEY and the list of greats goes on and on.
When I woke up a minute ago I looked at the chart and thought "what? thats it? THATS the shakeout????" This CREATURE is the enigma of the century.
GOOD volume today. Perfect for a CONTINUATION to yesterdays early reversal to the upside. If we do not have to go through a major shakedown then so be it. I will accept the fact!
Peace, Love and xxxtloads of freak money to all.
Good morning. Sideways to down.
Good:
1. ACCUMULATION line has NOT stopped trending up. This is telling me that the buyers are STILL out buying the sellers. This includes yesterday where the buyers WAYYY outpaced the sellers. Can you believe it??
2. We did the proverbial nose dive that DID cause some sellers to bail out.
3. We DID breach the 200 day MA very nicely and came back for a very strong close above it.
4. The long term trend is extremely strong and in place and is a positive trend with the 50 MA strongly up and above the 200 MA and the 200 MA trending up as well.
5. Yesterdays nosedive was completely unprovoked which is EXACTLY what we want to see. If it were provoked by bad news in any way we would move this to the bad column.
Bad:
1. We did NOT get the volume that I am looking for to really shake out the sellers and weak holders. I was hoping to see about 5 to 7 million shares maybe more.
2. ??? I just cant think of any more bad!
I do not think this is over. We did get the hard down day. In Chicago and some in Texas call it a "SHAKEDOWN" (LMAO you know who you are) but in technical terms we say "SHAKEOUT". The problem with the shakeout is that it was on low volume. But this is the story of this ticker! According to the Accumulation line there are NO SELLERS to speak of. The ACCUMULATION LINE is proving that TTCM is going to truly carry all shareholders into a much better place. Do some DD and show me ANY A/D line that looks like that of TTCM. If you find one, I will sell all I have and put half in TTCM and the other half in your stock. This is the most surreal aspect of this ticker.
I think I would rather see the shakeout go a little more normally but hey, TTCM is an enigma. I did post a few weeks ago that I thought we were going through a "SOFT" shakedown (sorry cant resist) where someone or some group "in the know" was exchanging into the long column but there were not enough sellers willing to give up shares at a low price. This seems to be the story. I want to talk about the ADX but I have no time to completely explain it.
The ADX is a great "trend indicator". Right now it says we are not done with this shakeout. I know there are some who do not understand the idea of shaking out weak holders and they say we are idiots for "wishing" to go lower. I hope they take a minute to understand that the only way to blast higher is if we have no impediments namely weak holders. This process is nerve wracking.
I do think we are not done shaking out. We go sideways to down for a couple more days maybe but then we resume to the upside...in earnest. I do NOT think we go as low as we did yesterday. That was so nice to see. We actually witnessed SOME scared holders bail out. That is what it looks like. They were willing to sell at any price. And they are regretting selling today. Expect gyrations. This is the best thing that can happen right now. I say, shut the computer off, go visit someone in the hospital or do some volunteer work and get your mind off this.
We WILL be heading MUCH MUCH HIGHER by this time next month in my never so humble opinion. But for now, I cannot say up. If I am wrong...sue me! We should all have enough money to deal with it lol.
Peace.
Good morning! I was flipping out reading your message this morning. Cant wait to respond.
Today and the next few days are simply technical moves in my opinion. Dont be too impressed. The move is pretty typical. And you know I am not very humble so I will also say I wanted and expected to see TTCM at the 200 MA back at the beginning of February in another post here. We should continue down here for a few days to REALLY shake out the weak holders. They MUST be so exhausted of holding that they say "I'm out" and sell. This will be the golden day for the rest of us.
I bought TTCM without even knowing what the company was because of the stock chart. I continue to be a buyer and holder because of the stock chart. I PRAY to the UNIVERSE OF gODS that this IS the shake out that we need and the momentum will pick up again and we start making new highs.
The most amazing thing is that TTCM is an OTC ticker and they NEVER or almost never comply with standard technical analysis. When you find one that does, like TTCM, it becomes the enigma that people look for all their lives. I truly hope that this is the one. Of course I could be wrong and I always will be willing to sell out my position if crap hits the fan.
I was thinking about TTCM and how Klickzie can change the world. In advertising and politics Klickzie will save millions if not billions of dollars for companies and political wanna be's. Think about it. JNJ posts a picture of a new or old item somewhere or in many different places. People begin to comment on the picture. JNJ gets to read first hand the likes and dislikes of the product. This is going to save them BILLIONS in advertising because they will no longer waste money with advertising research and poll companies. Same with political contestants.
Attract what you want in life!!!! Peace
I posted this on 3/23. I am not sure if it will help anyone now. I did buy a minute ago. Money where my mouth is......
3/23/17 Post #58278
Rebel, I am so sorry I do not subscribe to this website. I am on the free side for personal reasons. If you don't mind I will answer you here.
Yes I am looking for a move to the 200 DAY Moving Average. This is a very healthy move after the more than 1000% run up in September and October of last year. TTCM has been on a tare and needs to finish consolidating. By the way any words you do not relate to you can go to any investing dictionary and see what I mean.
So after such a run up the ticker needs to CONSOLIDATE. The WEAK holders need to be flushed out of their holdings. The thing that flushes weak holders out is a nosedive and fear that comes with it. You and I are in this for the next decade if possible with hopes that each year we become more and more wealthy (not a bad word). There are some who bought in the .000 that want out. They have to be satisfied with their profit or get scared out. Generally, it is the latter.
So that being said, on that "magical day" when we POSSIBLY hit the 200MA I suspect we will hit it and BREACH it by a few percent. I am not even worried about how low we go as a reason to hold my powder. I will pull the trigger the second we hit the average...as long as other indicators are still positive which I suspect they will be.
We may never get to the 200 MA. The stock action is so strong in TTCM that I believe there is only a 50/50 chance. The reason is that the Accumulation line is so powerfully strong to the upside for more than a year meaning MOSTLY strong holders are buying. This is the reason I have been saying that we are in the "shakeout" NOW and we may not need to shakeout at a lower price. WAYYYYY too many strong buyers right now.
The best I can say is keep in touch and I will be glad to say my position. Of course I have to say that I do not think any analysis is correct all the time. I hope my analysis on the Accumulation at least is correct.
One more option is that the stock remains in this sideways pattern and it PULLS UP the 200 MA which would be freaking phenomenal. I am constantly looking for other plays but I cannot find any as strong in all areas as TTCM...so I find myself continuing to put my weekly and monthly money into this symbol as opposed to any others.
My last post for the day but I want to thank you very much for even acknowledging my posts. I have found so many here to be extremely helpful. You, Beandog, Kash, Returns, Grand and actually everyone. Even the negative people because as I have stated it takes all kinds to make a market. I am in the camp that believes that there is going to come a day that the buyers will completely overcome the sellers in this ticker.
I say ticker because I am not in love with a company lol that is except TTCM but I keep that on the down low as much as I can which isnt a lot lol.
But to answer your question, any analysis I do on the ticker TTCM has really nothing to do with the news. I know the news is important to many people here and it is to me as well but it does not take precedent. The stock price action and the volume is really my ONLY determining factor. Yes I use indicators like Bollinger Bands and moving averages and A/D lines. News has nothing to do with my decisions or estimating when or how much a stock will move. I do enjoy hearing the lovely things about TTCM. I love the cool website and Jon is a cool dude too. I have emailed the transfer agent and received the proper response. I have looked at the financials and found that they are exhaustive and AUDITED. This is about as far as I go fundamentally which to me news is fundamental.
So long way around saying I cannot even begin to estimate any SP movement based upon news. I may be ignorant for taking this approach but it has served me well over the past twenty years. It kept me out of the bad and in the good...generally. No one is perfect.
Have a great day and I wish all cups to runneth over greater than anyone can imagine.
Peace
Glad to have an opposing view. We will see the 200 for sure if we close below .0219. We will go down to about .016 at least.
As for the stock being on a tare...what do you call over 1000% in 7 months? To me thats a tare and going along with it is the Accumulation line which I renamed from the Accumulation/Distribution line because of the STRENGTH in TTCM.
In my experience when dealing with a company that has a lot going for it like TTCM time is NOT an issue. To say it has been "stagnant to declining" is not really accurate unless you are a short term trader, in which case you are correct. I prefer to look at a year at least of Stock Price action and volume
I was certain that volume was drying up. It did. Now I expect an explosion to the downside that will really scare the bageebies out the weak holders. I am keeping powder dry for that moment. I have added cash to my account in anticipation of this time. If it does not come, which would be fine with me I will simply buy more stock as the days pass.
I am not afraid to take a chance in this ticker. I have tried other penny stocks and lost on two and made it all up on one... which is STILL pumping and dumping and suckers keep buying it. TTCM on the other hand acts like a regular listed stock. I LOVE the action in this ticker.
Watch the 200. It will be a blessing.
Peace
Rebel, I am so sorry I do not subscribe to this website. I am on the free side for personal reasons. If you don't mind I will answer you here.
Yes I am looking for a move to the 200 DAY Moving Average. This is a very healthy move after the more than 1000% run up in September and October of last year. TTCM has been on a tare and needs to finish consolidating. By the way any words you do not relate to you can go to any investing dictionary and see what I mean.
So after such a run up the ticker needs to CONSOLIDATE. The WEAK holders need to be flushed out of their holdings. The thing that flushes weak holders out is a nosedive and fear that comes with it. You and I are in this for the next decade if possible with hopes that each year we become more and more wealthy (not a bad word). There are some who bought in the .000 that want out. They have to be satisfied with their profit or get scared out. Generally, it is the latter.
So that being said, on that "magical day" when we POSSIBLY hit the 200MA I suspect we will hit it and BREACH it by a few percent. I am not even worried about how low we go as a reason to hold my powder. I will pull the trigger the second we hit the average...as long as other indicators are still positive which I suspect they will be.
We may never get to the 200 MA. The stock action is so strong in TTCM that I believe there is only a 50/50 chance. The reason is that the Accumulation line is so powerfully strong to the upside for more than a year meaning MOSTLY strong holders are buying. This is the reason I have been saying that we are in the "shakeout" NOW and we may not need to shakeout at a lower price. WAYYYYY too many strong buyers right now.
The best I can say is keep in touch and I will be glad to say my position. Of course I have to say that I do not think any analysis is correct all the time. I hope my analysis on the Accumulation at least is correct.
One more option is that the stock remains in this sideways pattern and it PULLS UP the 200 MA which would be freaking phenomenal. I am constantly looking for other plays but I cannot find any as strong in all areas as TTCM...so I find myself continuing to put my weekly and monthly money into this symbol as opposed to any others.
Peace
Sorry I forgot to thank all the posters here. Very thoughtful posts by most both positive and negative. Much appreciated.
By the way, the link below is a CNN link discussing company mergers.
http://edition.cnn.com/2009/BUSINESS/05/21/merger.marriage/
Read the headline at least and the bullet points on the right. I am not a know it all but I have been wanting to post this for some time. I just get sidetracked. Regardless, I was around in the late nineties when mergers were the hot thing. 90% FAILED!!! Mergers are bogus. I do believe that Jon and his team do have the smarts to do something like that successfully but the odds are against them...BIG TIME.
So in my opinion, I didnt like it when I heard that mergers were a possibility and I LOVE it that they shelved the idea. I have lived through M&A fever. It SUCKED long term. It was great for a moment but then reality sets in and the cost and human element get out of hand and cause failure.
I hope this helps. If not...
Peace anyway!