TA to June 30 2015, page-3

TON chart til end of January

TA objective is to cross EMA's 10 over 30 to indicate an Uptrend.
This will require breaking 19, a current resistance and trading above it
for a few days ie another indication of up trend is trading above the 30 day MA
for DAYS
[a severe downtrend is trading below for WEEKS.]

There are several news items expected but the question is will they Sustain
sp above 19 or just spike and retrace?

When I checked there were NO Shorts listed for last Tuesday,  a significant red candle day.
16 must hold for support or there'll be "trouble" of a lower low. A ST trade 16/19 maxs 18.75%.
News on Monday would probably cause a Gap Open so a st trader should have Bought Friday's close
[with a tight stop of say 15]

there is no indication whatsoever of a cup'n'handle formation.
Besides that pattern is only valid in an Uptrend which TON is obviously NOT in.
yet maybe