TIV TA

[jonesieatl]

Weekly Chart:

IMO there is now a race on, between:

-TIV getting some GOOD news out on one front or other and getting the PPS up and

-The potential for being dropped from the Russell lists for failing to make the market capitalization cutoff.

The weekly chart clearly shows the downtrend TIV has been in for the last year. Interestingly, the current longer term uptrend line position coincides exactly with the current calculated support in this area and could provide for a bounce.

IMO further erosion of the PPS resulting in breaking this support and uptrend line could leave TIV susceptible to a significant drop to the lower edge of the downtrend channel. The next few weeks leading into the Russell decision will tell an interesting story.

jonesie