$TIA Hitting our Point of Interest
Just an update on the analysis shared on November 27.
The setup has unfolded perfectly, with TIA dropping 42% from the rejection at the yearly VWAP. It deviated and bounced at $5.37, aligning with our identified accumulation range.
What we’re looking for now is the formation of a bottoming structure at this level.
Key levels:
- Strong support: $6
- Local resistance: $7.50
If the price holds above $6, we could see it going toward $11.50–$12 range.
The setup has unfolded perfectly, with TIA dropping 42% from the rejection at the yearly VWAP. It deviated and bounced at $5.37, aligning with our identified accumulation range.
What we’re looking for now is the formation of a bottoming structure at this level.
Key levels:
- Strong support: $6
- Local resistance: $7.50
If the price holds above $6, we could see it going toward $11.50–$12 range.
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