TYME will reversal to Bull and reach at least resistance of 1.47
TYME (TYME TECHNOLOGIES) was on a downtrend, however, a bull reversal pattern has appeared, and the stock is preparing for a reversal to bull in the short-term.
It has consolidated near the 1.29 support point, and now MACD and Technicals (Oscillator and MA) are both pointing to bull.
MACD briefly turned red and at the end of post market it turned to green. This is a bullish sign as red trend was brief and weak and helps to support the other previous bull signs by giving them a green direction. I expect premarket will be bull, and it will continue into normal hours.
The most reasonable resistance point is 1.47, and with the previous signs it indeed makes sense for this to be the target.
It has consolidated near the 1.29 support point, and now MACD and Technicals (Oscillator and MA) are both pointing to bull.
MACD briefly turned red and at the end of post market it turned to green. This is a bullish sign as red trend was brief and weak and helps to support the other previous bull signs by giving them a green direction. I expect premarket will be bull, and it will continue into normal hours.
The most reasonable resistance point is 1.47, and with the previous signs it indeed makes sense for this to be the target.
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It went down in the morning but it will rally back up. It is still bullish.
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TYME is bull tomorrow. so many signs of divergences.
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