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Share
15/06/07
17:00
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Great close today for TTS.
First close above the 14 day moving average in 5 weeks.
Downtrend resistance from record high has been conclusively been broken (today).
RSI making higher lows while the MACD has turned positive.
The 200 day moving average (at low $4.50ish) was tested and respected, confirming the long term uptrend is unchanged.
...and to top it all off, ING issued a substantial shareholder notice yesterday with a >5% holding - so they're probably buying more stock.
Conclusion: Recent correction appears over and share prce looks headed higher.
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