TMG.V - 28 cents (Resistance @ 30 cents)
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!?!
>
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.
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!?!
>
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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