I'm seeing some promise, just need VOLUME to confirm my notes. Disclaimer as you may know and probably already intelligently assumed, lol, I do own TMG.V, with an average price in the mid to high teens, I averaged up. This remains my only long term play currently. Hopefully not that long lol. Remember summer is the extreme slow end of the sale cycle.
DAILY CHART
RSI (14) - currently at 58.1, the highest since early August, when the last contract was announced. 50 has been resistance for the last two months. ADX (14) - looking nice, setting up strongly, like the fact that ADX has breached the 20s and is currently at 22.2. MACD (12,26,9) - can we see a bullish crossover into positive terrority next week? It remains to be seen!?!
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WEEKLY CHART
ADX (14) - setting up A/D - Wants to cross northwards MACD (12,26,9) - has started to curve upwards. RSI (14) - passed the important 50 mark, can it hold and grow from here, not without volume. CMF (20) - continues to improve since early June, even though the PPS trends virtually sideways. CMF looking to go into positive terrority.
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