The MACD has crossed into the positive, which now means we are in a buying mode and this has been the case since Thursday as the increasing buying volume confirms this.
The share price is up from its lows of 1.5 cents. Buyers V's sellers are about equal.
Selling pressure has dried up.
The Relative Strength (RSI) is up from its early lows of the low 20's meaning buying strength is increasing. The trading trick to making huge wads of money is to buy stocks when the RSI has dropped into the low 20's. All traders know this secret. ****Major traders tip****
A large gap down from about 2.5 cents to 1.8 cents now has to be closed (another trading law is that gaps up or down must be closed), so buying pressure will enable this to happen.
Charts suggest that TSV's share price is now in the lower bollinger band which confirms that upward movement can now take place.
TSV Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
