OTCPK:TOUBF - Post by User
Post by
valmeidanon Aug 03, 2011 5:13pm
825 Views
Post# 18900831
where is it going and why
where is it going and why28th was the best day for TRE as it hit a high of 8.29. Since then it has lost 25% of it's perceived value down to 6.26. Now I know it's difficult to use technicals to see into the future on a stock that appears to be riding on a little faith (or inside knowledge) from the larger investors, but I can't help but see this stock ending lower everyday. I also see it following a descending channel starting from around the 26th, which was verified today when it bounced off the bottom channel at 5.88.
Any strong tech traders out there or long term traders out there who can share a little more insight as to the direction of TRE? Or is this really just speculation and cross your fingers at this point?