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Therapy Cells, Inc. Message Board

  • jagan1961 jagan1961 Aug 4, 2014 7:21 PM Flag

    It may not yet be a trend reversal, however the sell off looks stopped!

    Let us watch for the next few days how the trend looks like. Today the volume seems pretty low.

    GL!

    Sentiment: Hold

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    • jagan and mailman, I think, TCEL has been consolidated for a short-term bounce. Yesterday's close was bullish. But that volume came out of nowhere, so it is likely manipulation and shorts taking some profit, on the hold of the double bottom at .0012. Looking at the chart from technical, it certainly will go lower medium-term as the medium and long-term trends are down. But immediate-term, tomorrow AM will tell the tale of what the MM are doing. On a hold of .0014 it would have some head-room to the 50-day SMA, which is around .002. That's a very key area. Above that, on another bullish close, it should run to .004. Now, if it doesn't hold its pivot point in the .0014 area tomorrow AM, or fails at .002, that would be very bearish. It would ultimately retest .0012, which by definition would be one retest too many. More important than directionality is trade management on this lotto play. OTC pink sheet exist to trap, regardless of the direction. It is the only means of generating revenue.

    • Yes. I agree, it pretty low... bought 3 m more....

 
TCEL
0.0005-0.0001(-16.67%)May 27 3:53 PMEDT