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Thanks mate, appreciate your analysis!

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showmethe$$$

239 Posts.

9

08/02/17

15:36

Post #: 22460789
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Originally posted by nine lives ↑

I'd say though that if you have a longer term outlook maybe just watch for a while...but just my opinion. Not very often does a stock have such a dramatic fall and then emerge out of a V shape bottom to a new bull run. There is usually too much negativity. Traders will take advantage of any upticks and nervous holders may see any uptick as a last chance to escape. Usually there will be a time of consolidation that may last for weeks. Look at the VOC chart. It rose nearly 20% off the first bottom and is now back forming (perhaps) a second higher bottom. I would suggest that TPM will do something similar in the weeks ahead. But the caveat is if the right news comes in then all bets are off.

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Thanks mate, appreciate your analysis!

TPM Price at posting: $6.38 Sentiment: Hold Disclosure: Not Held
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0 Great analysis

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