$TLFX .0016 ~ traded 2.9 million volume and tested
Post# of 2108
Posted On: 06/24/2013 9:13:39 AM
$TLFX .0016 ~ traded 2.9 million volume and tested the .0011 low of the day and closed at the high of the day at .0016 which was a bullish close. The level 2 is thin and with continued volume could see a breakout on .0019 breach watch for this level to be broken short term.
This is a LONG TERM type of stock as the stock is at .001 master support and is just 128% from its 52 week low of .0007. This is a low share structure , somebody asked if there was news or updates on the way , understand that this is a Market TREND stock and trade the pattern along with the relative Trend in regards to sector and market.
Traders that are yet in the stock can place a bid and get weaker hands out of the stock and hold on knowing the upside potential.
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