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Lugnut

12/29/21 8:39 PM

#47036 RE: Mjw28fan #47029

Just a little consolidation after a good spike. Happens everyday with any stock… No worries for all.


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foxi

12/30/21 1:26 AM

#47048 RE: Mjw28fan #47029

Probably sideways for 1-2 weeks, then up to the .073 - .095 range.

Long term there appears to be a falling wedge, zoom out on a daily chart and watch some youtube to learn how to pick profit targets.

https://www.investopedia.com/terms/w/wedge.asp

Today was a Dark Cloud Cover candle and tomorrow is the opportunity for that to confirm. (Looking for a small green candle.)

https://www.ig.com/us/trading-strategies/16-candlestick-patterns-every-trader-should-know-180615

If history repeats, it should pop again at or a little after when that MACD at the bottom of my chart crosses. (My top MACD is half days, middle MACD is standard 1D scale, bottom is 2x days) Bottom MACD not guaranteed to cross, could reflect down. Unexpected news generally trumps charts. If TSOI has toxic debt or is a diluter, this could stay more bearish.



Chart legend (for top panel): dark blue to lightest blue are 200 day, 50 day, 20 day and 9 day moving averages. Dashed pink lines and bold 20 day MA are bollinger bands.