Parabolic SAR on the daily chart has flipped to bullish, first time since Dec 14. Buying pressure beginning to build.
Yes, going thru a quiet period makes sense. SEC requires all parties to go quiet while negotiations are on going, against the law to discuss the details of a deal. IMHO
JP Morgan kicked off earnings season with a strong beat, no matter their stock was still down today. Tiny TPIV and their new partner are doing the right thing letting the market bloodbath play out before announcing the deal imo.
Sentiment: Strong Buy