TNY - Tinybeans Group

[Joules MM1]

Looks like support is evaporating rapidly and we are heading back to $1 judging from the charts.

nothing goes in a straight line

maybe take the weekend off from the screen ....otherwise every pullback is and a decent pullback is even tho it's part of a healthy uppy ....so avoid the mini mental 's and avvagooodweekend

 

[verce]

nothing goes in a straight line

maybe take the weekend off from the screen ....otherwise every pullback is and a decent pullback is even tho it's part of a healthy uppy ....so avoid the mini mental 's and avvagooodweekend

Good advice. I think I will!

 

[verce]

shake em out, all part of the gig, money flows are strong, someones buying all that selling (what there is of it!)

I’m looking forward to seeing a new Twiggs Money Flow from @Ann

 

[barney]

All good Verce …. I enjoy seeing other punters have a win … Just for the fun of it …. I see $1.60 in my crystal balls tomorrow

My crystal balls may need a wheel alignment

Traders left the building early today and anyone buying in around recent tops were put under pressure.

Plus anyone sitting on large profits at the moment would be a candidate for profit taking.

I assume the Top 20 are still holding firm until we hear otherwise. If so, then the Traders will dictate terms in the short term.

Traders are only interested in buying low and selling high. If we see positive buying on the down spikes, all is good.

Friday's can be a bit hard to call as @HelloU mentioned. I had a "bonus bet" that the Traders would be more active early today than they were, so I called it wrong …… doesn't matter if you are right or wrong anyway .. its what you do after your analysis confirms or rejects your bias Long termers can basically ignore the day to day stuff anyway (to a point)

I expect the Traders will return soon given the ease at which the SP can be manipulated on this one …. they may need to shake the tree a bit to get enough Volume though

 

[tech/a]

GB

Well that could indicate that Supply is waning!

BARNEY

It certainly isn’t about being right or wrong
It’s about being profitable.

 

[barney]

BARNEY

It certainly isn’t about being right or wrong
It’s about being profitable.

Indeed Tech ……

 

[verce]

Indeed Tech ……

It's also about developing a technology platform that connects parents with the most trusted tools and resources on the planet to help every family thrive!

 

[Ann]

I think @Ann deserves a lot of kudos for being the first one to call the break above $1.40 via the charts.

Thank you verce but barney is quite correct with what he says. I will never say something will happen or give a price target (other than a measured move) with me I feel more ethical by saying there is a potential. I would hate anyone to trust something I say and possibly lose money.

To be fair … Anny was calling $1.40 Resistance in that post and not a break (correct @Ann) … I made my call of a likely Gap over $1.40 4 days earlier …..

Correct barney, I never call a break or give a price target other than for a measured move. I only work on potentials related to indicators and support/resistance.

Also …. Anny cost me $50 bucks a few months ago (@Joe Blow can verify if required) so she is not on my Christmas card list …… I will be polite to her at the $2.50 Tinybeanos BBQ at your place however.

Never bet me on the POG or the POO! Everything else is fair game!

Now for the all important TNY chart....

This week I decided to show three Indicators and where TNY sits with the 21daysma. TNY is still comfortably above the 21dsma.

The first Indicator is the RSI. This indicator shows when something has been over-bought or over-sold. Often people use this as an exit or entry trigger once a high or low has been reached. As you see TNY had reached an over-bought level, so a sell off is not surprising.

Then there is the volume and the volume was nothing special, not a massive spike of folks leaving.

The last Indicator is the Twiggs Money Flow, just for verce! I decided to look at the Twiggs Daily Money Flow to see how extreme the angle was on Friday after the sell-off. Not too bad, there have been a few extreme sell-offs in the past much worse than Friday. Perhaps just a couple of Nervous Nells fled or a few stops got triggered or both.

 

[tech/a]

Ann

What is the significance of trading above a 21 day M/A
It’s below a 10 Day why does that not matter?

RSI has remained over bought for 300% so what is the significance now
And not the other 3 peaks?

Low volume and a wide range indicates no Demand sellers
Looking to be filled

Your arrows showing outflow of money are where moves are a few cents
This is a 24 Period oscillator
Expecting to see any information to the right side of the page is silly
It will take days for this to indicate anything.

Sorry I just can’t see the value
What would you do knowing what you know from your analysis!
Buy
Sell
Hold

Why?

 

[verce]

Ann

What is the significance of trading above a 21 day M/A
It’s below a 10 Day why does that not matter?

RSI has remained over bought for 300% so what is the significance now
And not the other 3 peaks?

Low volume and a wide range indicates no Demand sellers
Looking to be filled

Your arrows showing outflow of money are where moves are a few cents
This is a 24 Period oscillator
Expecting to see any information to the right side of the page is silly
It will take days for this to indicate anything.

Sorry I just can’t see the value
What would you do knowing what you know from your analysis!
Buy
Sell
Hold

Why?

Well in my humble and amateur opinion, based on the info from @Ann, it looks to me like there are still interested buyers, and this isn't a rudimentary pump & dump scheme. Someone sees good value here and the smart money is still flowing in. Looking at the caliber of people involved, it looks like a good long-term buy.

e.g.

John Dougall, Non-Executive Chairman

Mr Dougall has worked in senior executive and board level roles in several technology companies based in Melbourne, New York, Sydney, London and San Francisco. Mr Dougall has also been the Managing Director of four ASX-listed companies, successfully exporting Australian technology to China, India, The Philippines, Vietnam and Latin America. Additionally, he served as President and CEO of an Australian company that ultimately listed on the NASDAQ, selling its software solutions to major retailers in the USA and Europe. Mr Dougall has served as a Director to several Industry Associations, as past Chairman of the Australian Government's CSIRO Information Technology Advisory Board, as well as advising Government on Industry Strategy and Trade.

Missy Godfrey, Non-Executive Director

Ms Godfrey is an operationally focused director and executive with extensive experience in public and privately held companies including entrepreneurial startups, growth and mature organizations. Ms Godfrey operates M3 Advisors, a consulting firm that helps companies to thrive in today’s rapidly changing environment. She uses her expertise to provide strategic planning and execution for revenue generation, partnership development, content creation, fundraising and growth to sell strategies, including assuming executive roles for turn arounds and transitions. She was the interim CEO of Only Good News, a start up digital video company. Previously she was CEO of SpaFinder Wellness, a global marketing, commerce and media company, which was sold to BlackHawk Network, as well as CEO of Socialflow, a leading SaaS platform for social media marketing.

Megan Gardner, Non-Executive Director

Ms Gardner is a sought-after board member for fast-growing technology businesses (portfolio spans North America, Europe, Asia, and Australia). Her portfolio companies have completed numerous rounds of fundraising and several transactions, including a recent sale to Oracle. She serves on several boards, including Crown & Caliber (chair) and DoubleNet Pay. She is the chair of YPO's Golden Gate chapter. Known as a business innovator, Ms Gardner focuses on applying disruptive technology to new spaces and teams. As CEO and founder of Plum District, she raised venture capital funding from top-tier Silicon Valley investors, expanded the e-commerce company to two-dozen cities, and grew the online member base to more than one million people. Ms Gardner managed over 350 employees and contractors, worked with top retailers like Target, Gap, and Whole Foods, and created partnerships with Facebook, Google, and Disney.

Grady Edelstein, Head of Brand Partnerships

Ms Edelstein spent the first 14 years of her career in fashion/beauty media, telling the stories of iconic brands through the lens of cultural relevance to resonate with clients big, small, mass and luxury. Additionally, she has over a decade of experience using qualitative and quantitative research methods to define brand strategy, inform business pitches and measure client success. Most recently at Glamour and Marie Claire, her work contributed to the success that earned the brands industry recognition on the Adweek Hot List and Advertising Age A-List. Ms Edelstein holds a Bachelor of Arts degree in Quantitative Economics and International Relations from Tufts University.

Jennifer Stamm, Head of Marketing

Ms Stamm honed her marketing skills at some of the world’s biggest media brands, including the BBC, AMC Networks, Starz and Lionsgate Entertainment. Prior to her current role at Tinybeans, she was a vice president and brand manager for Tribeca Shortlist, a streaming app from Lionsgate and the Tribeca Film Festival. Prior to that, she helped launch a television streaming app for the BBC and ITV, the two biggest broadcasters in the UK.

Her 15+ years of experience includes work on everything from grassroots nonprofit campaigns to partnerships and show launches for Emmy®-award winning series like The Hour, Orphan Black, Doctor Who, Top Gear and more. Ms Stamm has a passion for building quality brands and love shifting gears between storytelling and data-driven marketing.

 

[verce]

https://forbusiness.snapchat.com/bl...ennials-are-becoming-a-growing-economic-force

Millennials are the largest generation in history — and are on track to earn even greater purchasing power.

• Millennials represent the largest population cohort ever: This generation makes up almost half (45%) of the global adult population

• The average millennial is older than you may think: Today, the average millennial is 26 and a half, with the oldest clocking in at 37 years old.

• Millennial credit card spending is outpacing the rest of the population: Some areas, like San Francisco, see differences in growth rates as large as 9% between millennials age 25-34 and the total population.

• Millennials will soon have unmatched purchasing power: By 2029, millennials will control the largest share of disposable income in the US.

 

[Knobby22]

I thought millenials had to be born in 2000 or later. Someone changed the definition, just like x gen or forgotten gen used to be 1960 to 1970.

 

[Knobby22]

Just had a good look at the March report. Going the right way but am thinking they will need a raising to expand. The next set of results will be very interesting.

 

[verce]

Hi @Knobby22

I agree - the next Quarterly result due end of July will confirm once and for all whether they are on a cashflow positive trajectory.

I'm inclined to think so!

@barney @tech/a

Someone on the "other forum" says that there is a "gap at $1.15 that needs filling" and that Monday morning will see this fall back to possibly $1.075 (another gap).

Is there any technical basis for these comments? Are they just complete speculation?

Cheers,
verce

 

[verce]

Meanwhile, getting good coverage on the Apple App Store:

 

[Ann]

What is the significance of trading above a 21 day M/A
It’s below a 10 Day why does that not matter?

If you notice, TNY has moved above the 21dsma for its entire journey once it rose above 30c. It shows me it is still strong.
I don't use the 10dsma I use the 9dsma. It is still just sitting on top of the 9dsma but that particular MA was accidentally left on and not meant to be shown as I don't use it as an indicator for an exit only for a breakout cross up indicator in early days of a stock's movement.

RSI has remained over bought for 300% so what is the significance now
And not the other 3 peaks?

All the recent RSI peaks have been relevant for TNY and it has reacted by a price drop after each overbought peak. See red vertical lines. It suggests to me there will be a good buying opportunity on its way or a warning not to buy at the peak. Good place for a day trader to sell.
(A note to anyone interested to look at this indicator, it does not always react so promptly, it can drag in oversold or overbought for a period of time. Stocks like TNY tend to have more alacrity and react better with the RSI)

Low volume and a wide range indicates no Demand sellers
Looking to be filled

I look at the buys and sells waiting in the queue. I see, as I write, 43 buyers for 155,543 units and 10 sellers for 101,577 units. This tells me there is more demand than supply at the moment. This does not guarantee higher prices on its own but it is a potential indicator for support of a positive outcome.

Your arrows showing outflow of money are where moves are a few cents
This is a 24 Period oscillator
Expecting to see any information to the right side of the page is silly
It will take days for this to indicate anything.

No this TMF shows the daily flows without a lengthy lag, it works on the day as it is a daily money flow. The other TMF is a weekly and that has a lag. I am never 'silly' with my indicators, I am very experienced with them and have used them over many, many years. Perhaps to those of less experience it may appear 'silly'. One must know how to read indicators properly and in the correct conjunction with each other. One Indicator alone is not sufficient for a full read. The only time I fail a trade is when I don't take the time to read all the indicators correctly. Any time I have failed a trade, I do a forensic on it and without doubt, each time I find an indicator I have missed reading correctly.

Sorry I just can’t see the value

No need to be sorry, you either can see something or you can't.

What would you do knowing what you know from your analysis!
Buy
Sell
Hold

Hold.

Why?

It is above the 21dsma, it is above the all time high support/resistance line of $1.16, all my indicators are still acceptable. MACD is weakening the TMF weekly is falling but neither is causing alarm. The 21dsma is the test as the markets in general are very jumpy at the moment with the SPX failing the 200dsma on Friday.

....it looks to me like there are still interested buyers, and this isn't a rudimentary pump & dump scheme. Someone sees good value here and the smart money is still flowing in.

I wouldn't describe it as a rudimentary pump and dump verce!

After your comment I looked at the 'smart money' index NVI and that has had a slight fall which is to be expected after an RSI overbought (smart money reacts to an overbought signal) but it is still above its moving average. So the smart money is still in and the dumb money index PVI is going great!

 

[tech/a]

Thanks Anne for the confirmation.

 

[barney]

Hi
Someone on the "other forum" says that there is a "gap at $1.15 that needs filling" and that Monday morning will see this fall back to possibly $1.075 (another gap).

Is there any technical basis for these comments? Are they just complete speculation?

I posted bask on May 22nd that the $1.13 area was where you don't want to see this head now … that still stands.

$1.15 today would be negative response (in the short term/today) …. I don't see it trading there today, but the next couple of days will clear things up.

So in a nut shell, no one has any idea where it will head ….. its more about how it trades at certain levels which can give a clue where it could go next.

 

[Gringotts Bank]

I just did a basic sentiment analysis (or the software did). Last Thursday's posts from here showed an extreme high of positive sentiment. Just having a look at Friday now.

 

[tech/a]

GB

Where do these Analysis come from?
What is the criteria.

If its another oscillator it will be compiled of Y Data
over X periods.
and like all oscillators will run a lag particularly if X
is a longer period or Y (The latest input) is in consequential.

After a prolonged period on Strong positive movement like TNY has---
ANY oscillator is going to take a good week to show anything meaningful
particularly if they are 21 day or longer in periods.

Nothing is likely to show weakness (Oscillators) even if priced dropped consistently
for 5 days. With longer term period-icy. Shorter term of course are too whipy.