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Hi verce , do you use Swingtradebot in your system?
Hi verce , do you use Swingtradebot in your system?
verce is playing it nice and loose. Free 'n easy. imo, that's why the thread is attracting so much attention. His vibe is nearly perfect for money making.I suspect TNY will be a valuable thread which will be re-visited in the future for many and various reasons.
verce is playing it nice and loose. Free 'n easy. imo, that's why the thread is attracting so much attention. His vibe is nearly perfect for money making.
Hi verce , do you use Swingtradebot in your system?
There is a pretty good chance that this will test the high
And could in all likelihood reverse back.
As mentioned a blast through the high BUT on low to average volume
Could open blue sky.
Not as confident as the back slappers.
not my business but .......So looks like today was the day.
i disagree with typical thinking for this stock
the lack of available supply distorts the auction, price cannot rise smoothly or rotate smoothly simply because the supply isnt there.....price rise requires consistant supply without which price cannot rise as we think it should - it's a misnomer to think that lack of supply will make people chase price, supply and demand are relative, not enough of one does not not default to more of the other, that idea is not met with ideas of value so a price can close down from new highs because the value isnt not there not because the psychology has flipped ......the wide distribution is about avail bid verses available supply so if there's no supply bids will wait, doesnt necessarily mean a lower close on a new high is a reversal signal
I suggested that 7 days ago …
If it gaps open either tomorrow or Friday above $1.43 …. (I think it may)
I'd expect some short term excitement in the SP
Thanks @barney!
I do think the Twiggs Money Flow provides a much more useful benchmark to gauge interest.
Let's see what I can see on the chart this week...
TNY has cemented another nice little step up this week by creating a second 'tread'. The prices remained above the long term support resistance line of $1.15/$1.16, it has since created a new resistance line of $1.40 (red line) which it needs to break above. It is still riding above the 21daysma (wiggly purple line under the prices) and just for a bit of fun and novelty I have added the Aroon Oscillator, that is still traveling in positive territory so far.
Will there be another step up this week? All so exciting, pass the pop-corn!
View attachment 94962
I find it amusing that each and every time TNY soundly exceeds someone's most optimistic wild forecasts - clearing through all the proclaimed resistance - people just come up with new price hurdles for it to jump over -
It's okay if it pulls back a bit to $1.40 - it won't be the end of the world!
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