Tetra Bio-Pharma - About to make a move!Dear Traders,
Happy thanks giving to all of you. I hope you'll enjoy some time with friends and family!
Let's have a look at TBP today, I was keeping my eyes on this one because of it's good looking chart. I was waiting for a volume confirmation and that just happened. Yesterday the stock had 40k vol all day, and today, within the first 15minutes it hit 200k+ ! TBP Released some news and they are quite active on social media also.
On the chart you see a huge bullish divergence on the MACD Histogram, and we also see that this stock can't run any moment.
Good Support at .93 and some resistance around 1.01 and 1.02, once that breaks, we will go towards the 0.5fib level located at 1.13, and if the bulls are strong enough, this could go even higher!
Stop wasting your time and RED stocks, go explore into new companies trying to make a difference! TBP is definitely one to keep your eyes on!
If you have any questions or any thoughts, feel free send me a PM or to comment on this TA!
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Take care!
