Tactical Air Defense Services, Inc.(fka TADF)

[frodo_1978]

Very well said Titan; youre right this is the best board on IHUB. We have an incredible team here, everyone has provided so much info and insight. There is absolutely a wealth of knowledge within this board. And just like you said, this is definitely a play for the very patient. We've collectively gathered so much DD on TADF here, that all longs continue to hold for the big pay day. We continue to accumulate in these times of consolidation. This week has been all about bottoming. We have closed at .0033 the ENTIRE week. The 200 day moving average, and the low 30's have provided rock solid support. TADF has produced 3 hammer candlesticks this week, which are very reliable as a bottoming signal and trend reversal. Of course, we will need some confirmation and follow thru next week. Today was a very solid day; even though volume has been anemic again, buyers outpaced sellers 2 to 1 today (4m to 2m). From 1:30pm to 4pm, it was absolutely all buying, great little flurry of buys, and ended at the high of the day. This is just the momentum that we need going into a new week.

Now, i have said before that i dont concern myself too much with day to day movements, unless the fundamentals change. Ive been in since 2006, so i concern myself with the big picture, the long term. With all the DD provided on this board, i have no problems holding for the very long term. Hving said all that, there are probably a few on the fence, or maybe just wondering when this will move. From what i see, there maybe one or two days max, to get in at these levels going forward. I will go out on a limb, and say that we may get some resolution to this short term movement by wednesday. I have included a chart to show you guys why i say this. I dont like to give predictions or say something will happen, because anything can happen, especially in pinkyland. But charting and technicals give us a better view of probable pps moves. Of course, sometimes you may have the best charting and indicators, and the shortterm trade doesnt pan out. Thats why i like to focus more on the longterm. But the chart that i have included, will show that some type of resolution will be in by at least Wednseday. If you can see, we are in a short term, low volume, downward drifting channel, which has actually traded sideways the entire week. This is part of the handle in process of the cup and handle pattern that started in December 2010. Now, we have already established that the cup portion has completely formed perfectly. The handle is still ongoing its development. We have incredible rock solid support in the low 30's, which coincides with the 200 day moving average. We are bumping up against the top line of the short term downward channel. As u can see, as we move into next week, there is a tiny space between, the upper line, and the rock solid support of the low .003's. Something has to give. There is a strong probability that the top line will be breached, because of the late day momentum today and the bottom process we established this entire week (3 hammer candlesticks). Now, a breach of this top line, will confirm the short term bottom and reversal, and it should slowly continue on an upward trend the rest of the week, and it will continue to form the rest of the handle. If this happens, we should be bumping up near the .0045 level by the end of the week or early the following week. The .0045 - .005 area is crucial because it is the last major area of resistance all the way to 5 cents. A close above the .0045 - .005 zone with heavy volume will confirm the cup and handle breakout and it will also confirm a breakout of the last remaining major trendline dating back to july 2010 (i have annotated this on a prior chart). This will bring the next leg up. considering that the RSI has leveled off, it can support a move past penny land. Here's the link, just click the chart to enlarge. GLTA

http://investorshub.advfn.com/uimage/uploads/2011/5/20/sogldtadf_new.jpg