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Microcap & Penny Stocks : TLT.v -- Ignore unavailable to you. Want to Upgrade?


To: Underexposed who wrote (1412)11/8/2019 6:33:30 PM
From: ogi  Read Replies (1) | Respond to of 1639
 
I am incapable of fully appreciating your TA efforts. That does not mean I am not glad of them and that I still do get a benefit from them.

I think we are on the same page:

""But things are neutral bearish right now ""

Tlt is behaving exactly as it has in the past, so to your point, I am pretty sure Roger and CFO wife are still well in command.

The fact TLT's 2000 series lasers have been recalled by Health Canada and not a word said by the company just reeks. Pretty hard not to draw a connection between that fact and the departure of the new CEO of devices division.

I am fully convinced of the PDC technology, its promise and the strength of intellect behind it. The quality of the TLT medical personnel is superior, far different than "devices" . As am engineer, I expect RDW must be more deferential to the oncology division than to that of the devices. That said, it is hard to believe recruitment is so slow in Canada , while the U.S. sites have not been brought onboard yet.

Believe me , one of the most important DD criteria on any junior is the timing, price and terms of any private placements. Those terms indicate the quality of management. On that basis TLT is an exceptionally bad fund raiser and by extension an exceptionally bad management, new CEO has shown no positive impact to date.



To: Underexposed who wrote (1412)11/14/2019 8:24:27 PM
From: Underexposed  Respond to of 1639
 
I thought I would update my charts a week later



If you step back to what I was saying last week you will find that things are going pretty much as predicted.

I will start here with the Ichimoku chart first

As I thought the share price is following the contours of the red cloud.... This is a pretty difficult edge to breach. The edges of all clouds are resistances when approaching from the bottom and supports when falling from above.

I find it amazing how that resistance works.... but there are differences from the last chart. The OnBal Vol is still dead assed neutral but the CCI has improved to mildly bullish and the CMF has almost crawled out of the mud to being neutral....these are signs of improvement.

In the Trigger chart it might look like nothing has changed but that is not so.... the share price is flatlined but you know the reason of that from the Ichimoku chart. But look at the Slow Sto.....It has climbed to double its value compared to last week to 56.... the MACD continues to climb.

Conclusion

Though it may look like nothing has changed that is not true... Many indicators are showing improvement.

A breakout is not going to happen for 2-3 weeks yet.... we have to get out from under that cloud. Though it is possible that suddenly we will breach that edge but then face another barrier of the upper cloud edge.

If the share price waits for 2-3 weeks it will have an easier time to rise above the clouds.

UE