TYM : The waiting game continues
August 3, 2011 Leave a comment
Always frustrating when a stock does nothing much at all whilst the rest of the market is buzzing, TYM has no support below 0.47 until 0.43, so if the 60m shares on the BID at 0.47 is taken out it should drop to 0.43 or a tad lower.
However if 0.47 holds a while longer a bounce to 0.50.051 should prevail, but a further break here will need a big volume day and an active market maker. A break above 0.51 places just 0.54-0.55 as the target.
We await the day huge flows are seen, then a punt might be in order.