$TPAC Hope everyone sees today's action for what
Post# of 22940
As for the chart, the last couple of days we have broken through the middle bollinger band for the first time in a little while. Though we did not hold it, it is still a good sign. The 50MA keeps rising on the daily, and we are holding that. The 50MA and the middle bollinger band are slowly converging, thanks to the rising of the 50MA. As that 50MA keeps rising, it is going to be easier and easier to break through the middle bollinger band until it only takes moving up a tick or two to close above it. They will likely bring it down a bit more so that the MACD can cross and they can shake a few more shares. The RSI is in a prime position to bounce, especially as pertains to the mechanics of TPAC's daily chart. We have plenty of accumulation, which is a very nice trendline to look at. Once we get this above the middle bollinger band and pivot, all we need is one bit of solid news to get us past recent highs. While I am not loading here, I will load more if it goes back to where I recently loaded on the 16th, at .0029. It's only a matter of time until the right news and right filings come out, causing the pps to adjust organically to revenue generated, giving us a new baked-in price per share that can no longer be mathematically valuated in the double zeroes.
Again, nothing has changed since yesterday, aside from the release of a very solid presentation geared for Boeing, et al., that depicts the benefits of going with $TPAC, such as being able to deliver in two weeks(!!!), at a lesser cost, and even with the benefit of tax offsets. I honestly cannot fathom us not getting cut in on China's business, and business elsewhere. To me, this is just common sense. And for these reasons and more, I continue to hold and sometimes add more.