TLS chart, page-81

I was waiting for today's open and behavior to form an opinion.

Opens same as yesterday's $2.81, that becomes the high and backs off it again.

The price has moved over that upper trend line now but not a green candle.

One would think it has topped and will fall down from here.

However, from what I am seeing in its behavior so far, it's being supported and a fall back down might not be happening..

What I think might be happening is providing it doesn't go below $2.75 and it doesn't break the 22EMA line (bottom chart), we are going to get a few days of horizontal action, where it trades in a range between $2.76-$2.81, before it resumes up along a smooth curve (as shown in bottom chart) reaching a target of $2.96-$2.98 (just falling short of $3.00). What happens after that is no guarantee, with possibility of a pull back as deep as $2.68.

This is my opinion based on the support and action I am seeing. But like I said, my projection is only providing price doesn't do a large body red candle tomorrow that falls under $2.75 and as long as price holds the 22EMA line (bottom chart).

Holding the 22 EMA line for a few days will be the hint that my scenario will pan out.

I will buy more after watching to see the price doesn't breach the 22 EMA line and buy on a day where it goes down to touch that line without breaching it. Around $2.76-$2.75 would be good.

My opinion. Not advice.

Good luck, go TLS.