TTT chart thread, page-1563

The 100EMA has recently broken through the 200EMA. Not a great sign for TTT. However, The chart is showing early signs of forming a base, with a higher low, which we haven't seen for well over a year, but the candles just can't seem to hold anything above the 50EMA. Overall, I think TTT is looking weak in the short to medium term and expect it to ebb and flow around these levels for quite some time. Even if we do get some positive news, potential new investors we be faced with a lot of trapped holders sitting in the red, having to decide whether or not to average down or cut their losses....This will keep a lid on things. I can't imagine their would be too many people left sitting in the green with this company at the moment?
I still love the company, but until this starts trending in the right direction, I'll be sitting on the sidelines, reviewing each and every upcoming announcement.

Hope it helps, not negative, not positive, just reading it as I see it.