TLB broke yesterdays hod after short-term decline. OVERALL, it's being supported nicely by the 20 MA and I'm still holding for expected reversal. <--Chart
TLB Update #39: Though the latest ADX pinch already resulted in a modest reversal for this stock, I'm staying in, because I believe it may have further to go in the near-term. The pps still has a lot of ground to make up and its' been testing the mid 6's over the last couple of months. It has been trading in a shorter range of late - and holding pretty well over the 20MA now. Plus the CMF is in positive divergence. It appears to be poised to re-test those mid-6's and if it breaks over them, along with the 50ma, I see the next resistance around 7.50. Just a thought.