Ok, for entertainment & informational purposes, and as a favor to you Welican and others I will attempt to predict the next 2-4 weeks for TMPS.
Please understand though, I am NOT giving you or anyone investment advice to buy TMPS. I am NOT an expert at stocks, stock picking, or timing the market; My CPA license DOES NOT provide you or anyone any guarantees or assurances that I'm accurate in my price targets, timing or general predictions; YOU CAN LOSE YOUR ENTIRE INVESTMENT. You and any readers of this post are solely responsible for your own investment decision making. I am NOT responsible for telling you when to sell TMPS if you intend to buy it, or currently own it. This post is SOLELY INTENDED FOR ENTERTAINMENT & INFORMATIONAL PURPOSES.
I'd suggest having a technical chart with bollinger bands, MACD, and Parabolic SAR available to make this post more visual and meaningful.
Scenario 1 - 75% chance
I'm still expecting a breakout ---and for a close above the mid bollinger band line--- to begin tomorrow. I give that a 75% chance of occurring. Ideally, after breaking through the mid bollinger line at.45, I would want to see TMPS rise and consolidate in the mid to upper bollinger band range between .45-.77 for 3-4 days. In addition, to confirm a "real" break out, I would want to see the MACD curl up and go positive. That's very important to me. Also, rising volume is important, but BB's, MACD and PSAR "going positive" are most important.
If the above occurs, then based on current revenues, backlogs, and what we know about TMPS, it should test $1 a few days later, and then rise up to $1.60 a few days later, consolidate for a day or two, then continue up to $3.50 imo..
Please note: The timing of this breakout is a bit of an uncertainty at this time. In my opinion, since there's a lack of news flow from TMPS at the moment. It therefore depends on BB & MACD technical indicators (as I discussed above) as well as, the detrimental effect an illiquid market might have.
Scenario 2 - 25% chance
Right now, it's the summer . Money is on vacation. (July & Aug are the most illiquid months). Therefore, not all undervalued stocks like TMPS can rise at the same time imo. Money flows from play to play. Moreover, if you check the posting history of some more reputable traders (no names), you get a sense of what stocks they are active in that day, and where the money "may" flow to. As a result, people may follow and add money to those other plays, and vice versa.
My point is... There's limited money in the market right now. TMPS could remain "temporarily stuck" trading between the lower and middle bollinger bands, going sideways on low volume for let's say 4 weeks ... then follow the breakout that I described in Scenario 1 (OWC*P had a similar scenario .. had a golden cross occurring, had a 1st leg up to .21, and then temporarily got "stuck" in the .09-.11 trading range in Nov/Dec 2016 before breaking out to $3.25)
Either way, TMPS has the Golden Cross at its back. Sorry if that's not what you wanted to hear. It's both the best and worst case scenario's as I see it now.
I wreckin I will take heat now for being anything but a die heart bull on this mb. So be it. I told this board earlier today Disclosure: I have a larger than normal position at .39. That will not get traded regardless. I am very bullish on TMPS and will happily wait for it to rise to my expected $2.50-$3.50 "organic" price target in the next 1, 2, 6 months, or longer, if necessary.
All imo
AI
