Syz in his book you will find his set up called the power play and TNO is a classic example of it. (page 253)
- Up 100% in less than 8 weeks
- Corrects less than 25%
- Volume contracting as the price tightens
He goes on to say its a set up he will take regardless of fundamentals as the price action is so strong it tells you all you need to know about the stock.
Hence no need for revenue.
Cheers
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