TTY territory resources limited

Here are my thoughts on TTY.I really dont think it will go lower...

  1. 342 Posts.
    Here are my thoughts on TTY.

    I really dont think it will go lower than $1.50 again given todays price action. Doji with long tail showed buyers now in control and signals a reversal of s/term downtrend.

    Also closing price is very close to support at $1.54 which is evidenced by high June 22 and price action on Nov 13,14 15. Cant post a chart which would better reflect what I am trying to say here

    Nevertheless, charts can go out the window if the dow takes another hit as it now sits right on support around 12800 (check out daily chart back one year). Close below 12800 will see 11900 as next support, then 11450 thereafter.

    I am positive on this. Maybe RJKJ can support me on this or provide own analysis as I am novice.

    Adz

    I hold
 
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