$tacks Upon $tacks Of Moolah

[eliaman]

re:TLXX....

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Corporate Snapshot

TELYNX INC CL A NEW

Other Dcipher reports: Analyst    RankThe current wave of accumulation has outlasted all overhead resistance from sellers and driven TLXX to a new fifty-two week high at 0.014. This preponderance of buying makes the stock one to watch for continued upside momentum. Further demand from investors could bring more new highs. The last trade for TLXX was 0.012 on volume of 3,369,600 shares traded. In the short term, TLXX may consolidate briefly before resuming its current uptrend.

"Gaps" occur on charts when the lowest price at which a stock trades during one reference period is greater than the highest price from the preceding period. A price gap is significant to investors in that this can signal the beginning of a new leg in the broader trend or a change in overall direction. The share price for TLXX surged higher at the open by more than 15% from its previous close.

A positive opening gap this large is technical indication that demand far outweighed available supplies. Purchasers of the stock had to bid significantly higher to reach the next point at which holders were willing to sell shares of TLXX. Consult recent company news to see what may have sparked this heightened demand.

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The above report is based on mathematical calculations and, as such, no investment decision should be based solely on its conclusions. Follow this link for the full disclaimer.

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