4 month flag..Well a mini-moment of share price truth is coming very soon. Basically, there is a four month flag pattern that will have to be resolved very soon....like maybe this week. Short term bollingers are pent up. Something has got to give.
If there is a time for bang for buck positive news release(s), it is now because what the technicals are saying is that there is a lot on each side of the fence. Which ever way this goes, could be setting the table for months down the road. Should the share price head up, .55 will be easily broken and .80 ish would be the next target. But, more importantly, TLT could finally be saying good bye to prices of the past.