marked off top and bottom of that really wide spread, high vol shakeout bar to the immediate left... in the bullish scenario should see testing towards the bottom of that bar
the upthrust few days ago when the SP got above the top of the shakeout bar show no interest in higher prices right now unless markets take off next week for some reason, expect testing down towards, 3.00, 2.95.
have also marked off top and bottom of the very ultra high volume bar to far left, if things deteriorate further and markets get very shaky again, could be back there. but that would be risky to go for as would indicate a break down again in the stock.
TLS's been putting in consistently higher swing lows since 8 august so looking better in short term tho still in downtrend of course. the red diagonal above is a multipivot downtrend line that spans back a couple years. breaking above that and holding IMO would emphatically signal a new trend.
havn't included indicators / oscillators as they're ambiguous on this one
