True Product ID Inc.(fka TPID)

[rrm_bcnu]

TPDI Support/Resistance Numbers 21 NOV 2007

Resist Level 3 - 0.1550
Resist Level 2 - 0.1325
Resist Level 1 - 0.1200

Pivot Point - 0.0975

Support Level 1 - 0.0850
Support Level 2 - 0.0625
Support Level 3 - 0.0500

Buy Threshold - 0.0788

Exp Moving Averages
020 DEMA - 0.0750
050 DEMA - 0.0580
100 DEMA - 0.0620
200 DEMA - 0.0810

20-Nov-07
O - 0.1100
H - 0.1100
L - 0.0750
C - 0.0950

Fibonacci Extension Targets
MSL1 - 0.0220
MSH2 - 0.1800
MSL3 - 0.0750 (near .382 Fib retrace)

1.382 Extended - 0.2404
1.500 Extended - 0.2590
1.618 Extended - 0.2776

2.000 Extended - 0.3380
2.236 Extended - 0.3753

2.618 Extended - 0.4356

3.236 Extended - 0.5333
4.236 Extended - 0.6913

4.618 Extended - 0.7516

Comment: Tuesday's close slightly below Wednesday's Pivot Point of .0975 indicates very slight negative bias, and continues to indicate a normal retracement. Tuesday's noon volume spike at near low of the day followed by bullish MM action on Level-II Bid supports a normal reversal. The OHLC prices today formed a Bullish Hammer candlestick pattern ( http://www.candlesticker.com/Cs18.asp ). A HOLD remains the typical recommendation with this unconfirmed pattern, however, the Bullish Hammer would warrant a BUY recommendation if Wednesday's session progresses toward confirmation.

There are three possible cases of confirmation.

(1) If the stock opens Wednesday with an upward gap, signaling a bullish sentiment in the first case, your benchmark will be the opening price. If the prices stay over the benchmark, a BUY is normally recommended. Any white candlestick with an upward gap is a valid confirmation criterion.

(2) In the second case, the stock opens at a level, equal to or below the today’s close of .0950. The benchmark is that .0950 price. If prices during the session stay over the benchmark, a BUY is normally recommended. Any white candlestick closing above the previous day’s close is the second confirmation criterion.

(3) The third case of confirmation is rarely observed. The stock opens with a big downward gap suggesting a very bearish day, and the day ends with a long white candlestick, but still closing below Tuesday’s close of .0950. However, such a day satisfies the third confirmation criterion and in this case the closing price of the long white candlestick will be taken as the price of confirmation.

If the confirmation occurs Wednesday, the MSL3 at .0750 was signaled by spike volume mid-day, and bullish MM trade action on Level-II Bid. The .0750 MSL3 equates to the 38.2% Fibonacci retracement level of the expansion move. The .0990 breakaway gap was filled in todays action. Expected reversal conditions exist with buying support indicated.

A reversal would proceed to test the MSH2 price of .1800 to confirm continued movement to the primary extension target. The 1.382-1.618 extension target is in the .240-.278 region, which equates to the 01/05/07 and 03/08/07 prior highs near .25 per share.

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.