Posted On: 01/12/2016 9:52:11 AM
Post# of 22940
$TPAC Good morning, everyone! It's nice to see a bit more action over here. Lots of good people and great posts now. Talk about a favorable environment.
We are almost out of the woods here. Short volume is slowing down.
http://otcshortreport.com/index.php?index=TPAC#.VpURgfkrKM8
If you notice, we are now seeing under 40% short volume, which hasn't happened since Dec 16th. If you look on the daily chart, the 16th was the candle that confirmed the uptrend, which made the shorts attempt to hold it down for personal gain. We became overbought and have corrected significantly and should bounce very soon, seeing as the RSI is now back in the 50's. While I don't formally advise anything, this might be a good time to add if you were already planning to, as we could see a rebound within the next day or two(shouldn't be long).
I'm holding long here and have been since .0004, so my strategies may differ from those who have purchased higher up on the price chain. All that said, I'm looking forward to a great bounce and a very significant change here over the coming year.
We are almost out of the woods here. Short volume is slowing down.
http://otcshortreport.com/index.php?index=TPAC#.VpURgfkrKM8
If you notice, we are now seeing under 40% short volume, which hasn't happened since Dec 16th. If you look on the daily chart, the 16th was the candle that confirmed the uptrend, which made the shorts attempt to hold it down for personal gain. We became overbought and have corrected significantly and should bounce very soon, seeing as the RSI is now back in the 50's. While I don't formally advise anything, this might be a good time to add if you were already planning to, as we could see a rebound within the next day or two(shouldn't be long).
I'm holding long here and have been since .0004, so my strategies may differ from those who have purchased higher up on the price chain. All that said, I'm looking forward to a great bounce and a very significant change here over the coming year.
(0)
(0)
Do your own DD. Assume everyone here is either an amateur trader/investor or a paid interest such as a compensated pumper/basher. My posts are strictly for entertainment purposes. I am not on Wall St., do not work for a group, and only get paid when my personal investments materialize. I am only responsible for my own gains and losses; no one is to blame for my mistakes or for any advice taken from postings; likewise, I am not to blame for any advice you take of mine, regardless of gains or losses from doing so. Good luck to all; may you live long and prosper greatly.
Scroll down for more posts ▼
