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  4. Trans-Pacific Aerospace (TPAC) Message Board

$TPAC RSI is cooling nicely on the daily chart.

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Post# of 22940
Posted On: 01/11/2016 11:21:14 AM
Posted By: Mysterium
$TPAC RSI is cooling nicely on the daily chart. I'm thinking we should be out of the woods here after another red day or two, which will cool the RSI to 50; we usually bounce off RSI 50. In tandem, I think we will be forming a triple-bottom(signalling strong base support) at the .0035 level, though the bottom shadow of the candle will likely tap the low .003's, just as it did the two times prior. This is MM's trigger stop-losses. Our MACD is looking to cross in another day or two as well, also a bullish sign. The middle bollinger band, currently at .0027 is also rising as support beneath us and should hit the low .003's in the next day or two as well. We also have our first pivot sitting at the .0032 mark. There appears to be a lot of support around that range from which to bounce based on indicators alone. I will venture to guess that we will be trading .007 - .01+ in the next week or two. While anything can happen at anytime here, good or bad, this is how I'm calling it based on what the chart is telling me.


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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.




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