I think @Ann deserves a lot of kudos for being the first one to call the break above $1.40 via the charts.
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…..
I demand respect for my brilliance …. my trumpet doesn't get used enough now days so I'm blowing it whether anyone likes the tune or not lol
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 let your personal vendettas get in the way of a good sausage sandwich
So back to my earlier suggestion … TNY had a solid close at $1.50 (tick)
I expect another solid gap up in the morning ( To be clear for the sake of the thread… this has little relevance for long term holders … simply tea leave reading) ….
ie. Ride the wave … Holders might need to buy another cake of wax and perhaps a bigger surfboard though
Only very partially influenced.No hard feelings I really do appreciate the input. I honestly have no idea what to expect next - but the ride has been fun.
I'm more reflecting on the earlier days when it went to 60 and 70 cents and people said it was never going to clear $1.
All good Verce …. I enjoy seeing other punters have a win so I'm sure you realise I'm in your corner
My chart musings (which are generally short term orientated) are simply trying to give a snap shot of current price action.
Definitely not trying to influence anyone's trading decisions ….. In saying that, I wish I had traded my analysis with this one
Just for the fun of it …. I see $1.60 in my crystal balls tomorrow
barney and annie sittin in a tree ..........
(does that $80K buyer blocking the buyers queue actually want to buy anything i wonder?)
It will be interesting to see if those sellers at $1.55 and $1.60 are real or not. We will find out tomorrow.
the one that was not there earlier ..... and by earlier i mean when on any buy line a $5K buyer could be thought of as a very big spender ...... (when multiple sellers were at $20K each)barney and annie sittin in a tree ..........
(does that $80K buyer blocking the buyers queue actually want to buy anything i wonder?)
TNY
Very normal price action.
Testing the high
Yesterdays Wide range and high volume bar is
having its mandatory inside day.
A break below (Close) yesterdays bar is weak as it had
significant volume to label as a V/C bar.
someone is taking profits now .... it is Friday
and he was certainly well out of the way when that sell-off happened into the buy queue just b4 11am ........ but i am just speculating nowthe one that was not there earlier ..... and by earlier i mean when on any buy line a $5K buyer could be thought of as a very big spender ...... (when multiple sellers were at $20K each)
sometime not so long b4 close (i was not watching) a single buyer arrived half a cent off the sellers for a $85K buy. and abley backed up by a single buyer on the $1.48 line wanting $45K (see below) .......... the result of that was a AC finish was pretty much going to be $1.485 at a minimum ........
and AC traded at $1.50 ......... i reckon they were happy ....
(i wrote that yesterday and did not post)
verce, (if this is telling u to suck eggs then ignore as it is meant to be an observation) someone is taking profits now .... it is friday
and, i do not have screen shots but i know u can find 2 of them from yesterday on the other place ..... look at that 30K volume buyer, it is now down at 115. yesty he sat all day at 2c off the offer - all day he went up and down as the offer changed. (that is about $45K in a single order) he left just enough space in the buy queue above him for peeps to squeeze in. look at those screenshots to see.
TNY
Very normal price action.
Testing the high
Yesterdays Wide range and high volume bar is
having its mandatory inside day.
A break below (Close) yesterdays bar is weak as it had
significant volume to label as a V/C bar.
Looking like a weak open. Could this be the end of the TNY train?
and he was certainly well out of the way when that sell-off happened into the buy queue just b4 11am ........ but i am just speculating now
going now ....
Thrusts are shortening on lower swing volumes. So momentum is slowed a bit. fwiw.
View attachment 95070
Looks like support is evaporating rapidly and we are heading back to $1 judging from the charts.
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