Raw_Blitz

Tetra Bio-Pharma - About to make a move!

Long
Raw_Blitz Updated   
TSXV:TBP   None
Dear Traders,

Happy thanks giving to all of you. I hope you'll enjoy some time with friends and family!

Let's have a look at TBP today, I was keeping my eyes on this one because of it's good looking chart. I was waiting for a volume confirmation and that just happened. Yesterday the stock had 40k vol all day, and today, within the first 15minutes it hit 200k+ ! TBP Released some news and they are quite active on social media also.

On the chart you see a huge bullish divergence on the MACD Histogram, and we also see that this stock can't run any moment.

Good Support at .93 and some resistance around 1.01 and 1.02, once that breaks, we will go towards the 0.5fib level located at 1.13, and if the bulls are strong enough, this could go even higher!


Stop wasting your time and RED stocks, go explore into new companies trying to make a difference! TBP is definitely one to keep your eyes on!


If you have any questions or any thoughts, feel free send me a PM or to comment on this TA!

If you'd like to join my Discord Channel to talk about stocks, share knowledge and have a laugh then please send me a PM so that I can link you to it!

Take care!



Trade active:
I'm in at 0.98! Let's see how far this baby will run this week! my PT (Price Target) is 1.14, which is at the 0.5 fib level. This is always a resistance area. So i'm pretty confident that there will be some sell action happening around 1.14!
Comment:
TBP is doing great! This has been a really good month so far for TBP, they announced some very promising news, and it wouldn't shock me if more investors will come into TBP to enjoy so future gains. Yesterday before the end of the day, the price dropped, people took profit which is logic, but at those moments we want to see buyers buy, and that's exactly what we saw. On the chart, we see a red candle that has been eaten up by bulls, which is a promising thing. I don't think we will see TBP under 1C$ anymore!
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