TLS chart, page-11

We didn't get a gap up yesterday, so it wasn't a dynamic bottom forming event as does happen sometimes with the hammer candle we had. And if there was any faith in the CEO and his idea and recovery in EBITA, it actually would have jumped up yesterday morning. Any other stock would have likely jumped.

What we have going for us now is we want the price action tomorrow and next 1-2 days to fall into the triangle I have drawn. If fits in there with a low not lower than $2.71, then we will get a pop up. But needs to fit in pretty much as drawn into that triangle and take that triangular shape. Higher  lows by 1-2c is ideal.

This will mean the instos have had the time to consider and are accumulating for a pop up.

Another red candle that breaks $2.71 will make it al void and could open the way to low $2.50's.

My feeling is we get a small green candle tomorrow, initially something like a $2.71-$2.72 low intraday, then a small green candle that sits in there. That would be a good sign.

But of course, we let the market do it.