To get to .53 it would have to fall through some pretty good recent support. http://stockcharts.com/h-sc/ui?s=TPIV&p=D&b=5&g=0&id=p00651065426 I can see it dropping through 20 day and test the 50 day. Why would it break through 50 day below .59? That brings the P-pivot into play at .55. Falling through all of those makes it seem unlikely to stop at .53 as all the indicators would have lost their mojo and the bottom bb would be turned down making .46 (s-1 pivot) more likely. The current uptrend line draws out to .55 or above depending on the rate of decent and a confirmation below that would again make stopping at .53 likely only on news or anticipation. Do you see a news event close enough on the horizon to keep price up? Adding in some extra bars one can see how the pivot price levels will change for March on Tuesday. http://stockcharts.com/h-sc/ui?s=TPIV&p=D&b=5&g=0&id=p22025295905 So here again that .59 is key. Sure don't want a 20/50 downcross that would come into play with closes below .59 IMO. The new s-1 # becomes .52, and better potential for support than just a lowering lower bb at the previously stated .53 off first chart bb. More detail could be given, but that is pretty much the line of key #'s for now. Have to see how it plays out. News catalysts would be very helpful. For me. Really don't want TPIV to lose this longer term 50 day or 1 year uprtrend support line. http://stockcharts.com/h-sc/ui?s=TPIV&p=W&yr=1&mn=6&dy=0&id=p67230646255
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