Post by
MichaelRyan2 on Mar 28, 2019 12:28pm
TENX NEEDS TO BOUNCE HERE (off $2.10!)
Again for third time Tenx is back hovering in this $2.08 - $2.14 sideways channel.
Needs a break above $2.20 which only happen with some volume to take another run at that $2.39 triple top level.
I'm looking to hold TENX for longer term period so really dont care about it breaking above $3 today.... I just for technical standpoint, hoping we can break above $2.40 today and close above $2.20-$2.30 region traded in most of the premarket.
IF this falls back below $2.08 SHORTS GOING TO GET CONFIDENT and continue downward selling pressure which I am affraid could put this stock right back at $1.80
TA:
Slow stochastics just crossed up but just crawled out of the oversold region.... Id like to see it back above 60
MACD is at 0 and has yet to cross up with histogram below 0.
Technically this stock is still very weak here and with low volume last ten 5min Candles could easily drop just as fast down as it can skyrocket upwards.... Dont trade or hold with money cant afford to lose.
If not holding break of $2.20 may be a great entry point.
Long term, I am very confident this will be upwards of $5/share and those buying today be up at least 150%
GLTA.... off to the Blue Jays Home Opener here in Toronto so guess be watching this off my iphone.