True Product ID Inc.(fka TPID)

[rrm_bcnu]

TPDI Support/Resistance Numbers 19 NOV 2007

Resist Level 3 - 0.1986
Resist Level 2 - 0.1743
Resist Level 1 - 0.1562

Pivot Point - 0.1319

Support Level 1 - 0.1138
Support Level 2 - 0.0895
Support Level 3 - 0.0714

Buy Threshold - 0.1048

Exp Moving Averages
020 DEMA - 0.0690
050 DEMA - 0.0550
100 DEMA - 0.0610
200 DEMA - 0.0800

15-Nov-07
O - 0.1500
H - 0.1500
L - 0.1076
C - 0.1200

Fibonacci Extension Targets
MSL1 - 0.0255
MSH2 - 0.1800
MSL3 - 0.1028 (projected .50 Fib retrace)

1.382 Extended - 0.2390
1.500 Extended - 0.2573
1.618 Extended - 0.2755

2.000 Extended - 0.3345
2.236 Extended - 0.3710

2.618 Extended - 0.4300

3.236 Extended - 0.5255
4.236 Extended - 0.6800

4.618 Extended - 0.7390

Comment: Friday's close below the Pivot Point of .1319 and current overbought MACD confirmed the expected reversal signaled by the Bearish Shooting Star candlestick pattern on the 15th, and continues to indicate a normal retracement for the next few sessions. A HOLD is a typical recommendation until the pattern is confirmed with a second lower High and second lower Low. Expected MSL bottom should be signaled by spike volume and bullish MM trade action on Level-II Bid. Today's buy threshold is nearing the expected Market Structure Low (MSL)3 swing point. More on Pivot Points here: http://tinyurl.com/bxabs


The Fibonacci 50% retracement of the base leg is in the .1028 region, and quite close to the breakaway gap fill of .0990 on 11/13/07. If accurate, the extension target is in the .239-.276 region, which equates to the 01/05/07 and 03/08/07 prior highs of .25 per share. Good trading to all.

Disclosure: Any chart technical analysis provided is my personal technical assessment of the indicated stock and should not form the sole basis of any buy or sell decision making by any reader. Any decision to buy or sell any stock should be made only after careful due diligence on the part of the investor, and not be based upon any third party information or investigative data.