$TPAC Great day and a great closing for TPAC. We
Post# of 22940
The chart is looking like it can support another leg up and can most certainly support an .0008-.0009 channel. The RSI is still nice and cool in the 50's with no need to give way to chart-based selloff. The MACD has now crossed. We are above the middle bollinger band and both the 50MA and 200MA. We closed above R1 at .0007 today(*close was at .0008) and R2 is just one tick above us at .0009, with very few .0009's left. There is nothing overhead until the upper bollinger band at .0011.
All said, even in dismissal of the upcoming 8-k filing, we should easily be trading in a .001-.001 channel in short order. Speaking of short order, we closed green on a day of mostly sells and even had a bit of short volume trying to hold us back; didn't work. Here's the short volume for anyone looking for numbers: http://otcshortreport.com/index.php?index=TPAC#.VnHj7UqDGko We are currently the 10th most shorted ticker and we keep climbing steadily. This is setting up nicely for a fundamental catalyst.