TMB : The longer it trades below 2.10 the greater the chance of a dip to 1.90-1.92

TMB is struggling again, and could easily go a tad below 2 in the very near term. The recent low was 1.97, but a dip to 1.9 or so looks possible, and if it posts a close below here there is little support until 1.76–1.80

Needs a huge volume surge and daily close or two above 2.10 to change it’s near term bearish outlook, which would place 2.22-2.24 as the immediate target.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: