Tytan Holdings Inc (TYTN)

[pipedreamz76]

The uptrend will continue on next week. The chart simply shows a pullback. If we did not have this little pullback the uptrend would not have been healthy. Since May 17th, by looking at the volume, you can clearly see that almost the entire float has been changing hands in the .0028-.0038 range. This is telling me we have formed a new base here. People are still willing to buy and they have been buying. You say people are waiting for lower prices I say people are waiting for word of the shipment, projected revenues, dealerships, etc. News of the shipment should be out this week. That will be step one.
The indicators are no longer screaming overbought or top heavy as you keep saying. Accumulation is still through the roof.

We know we have a strong company here led by a very competent ceo who gets things done. All the technical analysis in the world cant tell you how the market will react to a fast growing company such as TYTN. As I have said before, A well rounded trader uses every tool at his disposal to make a well informed decision.

Let me make my prediction now, since it seems we are all Mrs. Cleo now. I say we hang out here in the .003's for another day or two. News will come out about the shipment arriving and we see a new influx of buyers. We then begin to see products being delivered to dealers, sales will start being made, revenues will start stacking. Then we are at a penny or more. By summers end we are sitting at .01-.02 and you will still be waiting to get in at .0016-.0019. GOOD LUCK.


GO TYTN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!