mastadex

TRST looking to bounce in the coming week(s).

Long
mastadex Updated   
TSX:TRST   None
RSI levels on both Daily and weekly time frames are approaching all time lows. Within the next week or two, we could see a bounce that is similar to one that happened last year. A good strategy would be to slowly enter positions in the mid/low $6.00 range. If below $6, it's a definite buy. I also expect the indicated gap to be covered this year.
Comment:
Latest news shows that TRST has established US operations. Good news all around. I doubt we will see $6 range anytime soon.

In other news, analysts are expecting this stock to run to, at least, $12.
Comment:
$6.23 is support for the most recent dump. A sizeable dump could be the catalyst for a trend change.
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