Hey Johnny, man what can I say, TADF impresses me more and more everyday. It is holding up so incredibly well, buys and sells were pretty much even today; honestly, you cant ask a stock to behave as well as TADF has since early in April. It is producing textbook chart formations, its a thing of beauty. There are so many positives surrounding this stock, both fundamentally and technically, i have beaten to death the fundamental aspects so i'll list what i see technically:
*today we got a much needed breather from the furious buying frenzy lately.
*We are at half a penny and the real news hasnt hit yet
*TADF is trading well above the 50 and 200 day MA, it broke both of them with great volume, confirming the breaks.
*By consolidating after runs, it has built rock solid support levels along the way
*TADF is above the 50 & 100 weekly moving averages. The 50 and 100 week averages actually crossed today which is incredibly bullish
*TADF will see a 50/100 moving average cross in the next couple of days, and a 50/200 ma cross in a week. Incredibly bullish
*Broke out of bullflag with massive volume; and is currently beginning to form another bullflag
*Consolidation in the mid .004's will be healthy for the continuation of this run short term and longterm
*MOney flow has been increasing as of late, the 14 day RSI will most likely return to sustainable levels with some consolidation in the mid .004 level.
*The 14 week RSI has ALOT of room to run
From what i see today, it seems like TADF is trying to form another bullflag. If you see the first breakout in April, it looks almost identical to this breakout. The ideal scenario would be for it to consolidate in the .004 area for a few days to a week, completely form another bullflag and breakout again with great volume, the next move up will most likely take it near or above a penny. Merger news with details is the wildcard, that could potentially give you a 100% - 500% move, depending on details and mention of contracts. Like i've said before several times, the 20 or 30 of us that read and post here know more about TADF than the Average TADF investor, becasue we have done our research collectively as one unit. So, as with every stock in the universe, you will not see a straight line up, this may get a bit rocky before we get to our final destination. Have a plan in place, depending on your individual situation. There are several of us on this board that are in at .0009, and have great gains so far. There really is no telling how high this could go, becasue of investor reaction and from the forces of supply and demand. Anyway, it is looking great; Rock solid, this week would be perfect if we stay in the mid .004's; that will get us ready for pennyland next week.
GLTA
