Dow future is down 61 now and tomorrow is OE day. Market will go down and then goes to side way next week. There will be certain profit taking in TSRA. It may drive stock down to 17’s area. There is not too much room for upside but down room is huge. TSRA goes up 13.5% after announcement in SP 600 on 2/9. I am lucky to sell out in 19.48. Wait to buy back whenever it reaches 17 or lower.
According to STO (9,3,3) or (14,3,3), TSRA is in overbought area. Per RSI, it may go side way. Anyway, price will go down to the 1st support area 16.80~17.00. It may go down further even create a new 52-week low below 11.
If TSRA is hold well in the 1st support area, I will buy. Otherwise, let it form a bottom no matter how low it is.