Update to previous analysis Currenlty LPS position entered Awaiting SOS / JAC
Short term trade. consider phase C developed, then expecing sos/lps soon timing for entry
Have been watching closely since the recent break. All time frames are converging in an intermediate and long term up-trend. Ready for a daily middle BB bounce. Texas is introducing a bill to require that all power producers and natural gas pipelines implement weatherization on their facilities. Thermon is based in the state capitol of Austin and stands to...
WHENEVER IT TAKES SUPPORT @ LOWER LINE IT BOUNCE BACK QUICKLY AND MOVE TO 15
Descending Triangle Pros Descending Volume PPS below 50MA and 200MA 250RSI below 50 RS below 0 200MA descending ATR descending If confirmed PT = 4,95
REVERSE FROM BLUE LINE WILL TAKE LONG POSITION
RISK TO REWARD HIGH..BUT RISKY TRADE
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Holding its 200 day pretty well. Buying volume coming in on 5 min. Adjusted stop and targets.
ER Nov 8. New stock (IPOed this year). Tight stop below 50 day. Play to top, might breakout if earnings are awesome. 20 day flattening. Not that overbought anymore.