TMPS is far from oversold, and I mean far. 30 is oversold and 20 is way oversold. Between 30 and 50 is "approaching oversold" and will be oversold soon.
99% of penny stocks are pump and dumps, yet 100% of penny stocks pretend to be in the 1%. Contracts, patents, mergers, partnerships, and other such news are usually "too good to be true" and should be looked at in detail. The source should also be vetted.