TTCF 8/13/21

Note to self when in doubt zoom out ALWAYS. TTCF had a bad earnings report with a few missed expectations; however, from a technical view this was right on time to fit the criteria for a wedge pattern long overdue. Falling wedge to be exact. Perfect opportunity to buy more as it fills the new gap created. I'm thinking it'll follow the corrective wave (blue pattern) then as more events come start to follow the Elliot wave pattern I estimated.

Yorum:

Still on track with original idea just happening quiet faster than expected. Could drop as low as 15.42 before seeing a possible turn around. My opinion wait on price strength before buying in if this is a new position. Currently showing oversold on RSI SMA 9 day weak price strength and long term toward direction. Paytience.