TMCI'm not a penny-stock analyst and what I publish is based on technical analysis and chart geometry:
- chart is bullish but not enough to open a position yet; I'll open a LONG position when it reaches 1.2$, its previous high, at the top of the resistance level; if it hits it and holds it with a large volume, then it's an absolute opportunity for 50%to 100% profit.
- the volume is very good, and it shows strength
- decline in price based on Fibo level is possible also.
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