$TPAC I'm looking at the daily chart and am wonde

$TPAC I'm looking at the daily chart and am wondering if I can get a few thoughts about what I'm seeing. The bollinger bands are beginning to pinch. If I am not mistaken, in order to be deemed a squeeze, the price must tap one band extreme and then shoot in the opposite direction towards the next. As the lower bollinger band is rising, and we are now between the middle and lower bands, with the upper and lower pinching the middle, if we barely drop in price, just as has been the case, as the lower band is rising, we will tap that band as it squeezes. Additionally, the BB Width is showing 54. The last time there was a pinch, the BB Width was at 50, during the first week of Dec, as we began entering into the run, which began at .0006. Seeing as the pinch is forming now and the width is approaching 50, with an RSI under 50 as well(a point from which this stock generally bounces from, or somewhere near to), it seems that if the upper and lower bands trend sideways to form a tight channel and then begin to turn outward(respectively), we could see an incredible bounce, especially if timed with news from Bill, if he times announcements in sync with the chart to any degree. Does anyone have any thoughts on this? I am wondering if I am reading this accurately.

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