Tytan Holdings Inc (TYTN)

[dmlabuda]

KEY REVERSAL day today! Over the long term I think you're fine with a price of $0.004 - However, at present, purely from a technical stand point, we are witnessing a KEY REVERSAL day. That should complete a nice sell signal on the daily chart. I've been watching this stock for a good entry point, and I now believe it's headed all the way back to between $0.0016 and $0.0019 before it finds firm support from a substantial volume of buyers. If you're a technical trader, you can see that this market was extremely over bought back on the 15th and 16th and from the heavy volume, a lot of people took profits on those days. This last ditch attempt to surpass and close above those high has met with solid resistance and a divergent sell signal is now evident in the stochastic as well as Williams %R indicator. I expect the price to pull back now until around the middle of June. I'll likely be a buyer at that time.