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Thursday, 04/08/2004 10:07:08 AM

Thursday, April 08, 2004 10:07:08 AM

Post# of 19276
TCPD instant analyst below:
Daily Opinion: BUY
Thursday's Bullish (up) move is accompanied by increasing volume (129% of average), suggesting a continuation higher on the next bar. Thursday's gap up in price suggests further new highs are ahead. This is an extremely bullish sign.

Short-Term Opinion: OUTPERFORM
On a short-term technical basis, the trend is Bullish (up) and the stock is above its 50-day moving average at 0.06 which also confirms its Bullish (up) trend. The stock is slightly overbought according to the Stochastic indicator (72.04).

Long Term Opinion: HOLD
On a long-term technical basis, the stock (TCPD) is trading below its 200-day moving average which implies it is in a negative trend.

The stock has support at 0.08 and 0.06. If the stock breaks down through support at 0.08 then it will probably continue lower to 0.06. The stock has resistance at 0.09 and at 0.12. If the stock breaks up through resistance at 0.09 then it will probably continue higher to 0.12. The 200-day moving average is at 0.09. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (54.34).

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