$TPAC Chart is still looking ripe for a bounce. Despite the fact that at the moment we are below the middle bollinger band(20MA at .0029; pps currently at .0027), the lower bollinger band is currently at .0023 and rising(as is the 200MA, which should be at .002+ within a month or so). The reason for mentioning the rising lower band, aside from the possibility of a bounce when the bands tighten and volatility decreases, is due to the fact that when looking at the daily chart and its respective price and performance history, the price per share has not been closing below the lower band, just piercing below it on occasion to shake shares on downtrends, many of those downtrends being manipulated multi-day walkdowns. Should the price channel keep narrowing and band width keep decreasing, the lower band should be at .0025 within the next few days, which has provided very strong support as an indicator(the lower band, that is; not the .0025 price point - just to be clear). And to include a quick passing comment, the 200MA(now at .0016 and rising) was at .0008 or so at the beginning of February. We should see strong support from both the lower band and rising 200MA within just a few weeks. With the RSI low, the volatility decreasing alongside the bandwidth, and the accumulation rising, with at least two indicators serving as technical support below us, it shouldn't be long before there is a nice bounce.
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