TFC 7.42% $1.31 tfs corporation limited

Working TFC over on small volumes - Their playing again, page-5

  1. 2,994 Posts.
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    Hi Yix

    This stock is a shorter's cash cow.

    Its easy to look at it, go to the yahoo charts and put in TFC and the 100EMA only and chose the 2y period.

    What will the 100EMA tell you? There are three regular humps at 1.58, 1.55 and 1.55. in between there are two regular toughs 1.47 and 1.48. What follows see for yourself.

    The first hump of EMA100 1.58 the stock reaches a BEFORE closing high of 1.85. Before the next trough of EMA100 1.47 the stock reaches a closing low of of 1.165. Difference from high to low closing prices 68.5 cents a 37% fall in price.

    The Second hump of EMA100 1.55 the stock reaches a BEFORE closing high of 1.80 from a previous closing low of 1.165 that's a 54.5 % rise WOW go figure. Before EMA100 next low of 1.48 the lowest closing price was 1.275. The drop from 1.80 to 1.275 52.5c (fall of 30.2%)

    That's so far a drop from 1.85 to 1.165 (37% fall) followed by a rally from 1.165 to 1.80 (54.5% rise) followed by a drop of (30.2%). Hardly ordinary trading;

    Before our last the Third hump of EMA100 1.55 the stock reaches a closing high of 1.715 (It did trade over 1.80 for a short while) However

    Since then the EMA100 today is 1.54 with the pre high price of 1.715 and the current price is 1.43 only represents a 16.6% fall so far.

    If you want to buy in then somewhere in he 1.30S and even an outside chance at the high 1.20s
    good luck folks
 
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