Seeing upside potential backed by positive analyst expectations.
A top that has been tested multiple times and isn't looking to be broken anytime soon Big Horizontal resistance line Bear move assumed.
(Short position) Stop at 14.31 with negative RSI and bearish cross.
Target $14 as this impulse wave may complete. Stop below the (yellow) daily EMA OR any bearish cross of the hourly 21+50 (orange+blue)
Recent MACD cross and a close above the .23 fib level. I'd like to see it hold 12.91+ to enter for a swing position. target: 13.60, 13.90, 14.34
NASDAQ:TTMI has been seeing low volatility period for the last 3 months carving out an ascending triangle chart pattern.
NASDAQ:TTMI TTMI has been moving sideways for the last 2+ months forming an ascending triangle chart pattern that looks set to make its breakout next week. Chart pattern price target indicated on the chart.
Look for further gains above the 61.8 fib level, Time frame = Midterm (3 to 12 weeks)
Harmonic Trend analysis in a monthly chart shows that TTMI will fall first to 12.85 (Buy)which it did and Sell at 16.98. 2nd buy at 8.61 and sell at 13.75. Reading the history helps in next moves.
News: No news anymore for a while. Beginning of August they were punished because earnings were not what the general public expected it to be. They were very good though. Observations: Weekly: Price dropped very steep at first but has lost momentum the last 2 weeks and has hit support (horizontal and descending) Daily: Price put in a green candle despite the...
If TTMI is able to consolidate and find a bottom down here at this lower trendline I would expect the price per share to move up and 'fill the gap' to $17, at least. This probably won't happen all in one push, but if price is able to push above the middle Bollinger Band on the daily chart and stay there, confirmed with a MacD cross then I would definitely expect a...
volume but broke out of that wedge/triangle jeez still ain't great at these patterns ...
Note last reaction to ER-PB Bounces off 50ma P&F 34.75 PT
From a technical standpoint, Here are the positives for-TTMI: 1. Currently multiple buy Fractals (highlighted in green box). 2. The top upper indicator is a 34 day moving average, and this is positive. Very strong. 3. The alligator is waking up and should feed in the uptrend. 4. Prices are trading above the Ichimoku Cloud. 5. The Forward Momentum indicator...