weekend lounge short term trading: 14-16th feb, page-35

  1. J8
    14,600 Posts.
    lightbulb Created with Sketch. 832
    Pilsner, I have had a look into short to medium term targets for TIS and used the ten year chart to find them.

    Low forties and then low sixties.

    Has to break the long term downtrend just around that mark then it's blue sky. They also have a marvellous product only held up by ridiculous arguments about whether it is a device or a medicine.

    A one hundred million market cap seems high but they will have a market that is getting bigger every time you eat a burger.

    Approval and sales could see it four bag this year.

    You can draw that target from existing angles and dangles on the chart but I don't really like to do that sort of thing.

    It is at the top bollinger so, without news it shouldn't run away yet (perhaps?).
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.