supermum's pantry

TTG -142 - this is a stock I have rediscovered. Firm support at 139 - last Aug, Sept saw this stock try very hard for the 139 and failed 3 times. So it snuk off to consolidate and drifted down to 110. Its obviously decided that it doesn't like it down there as it has come back with a vengence, hit an intraday high of 140 in mid December, took a breathe and is now sitting at 142. Its a little overbought with an RSI running at 80 and above the MAs.
The way the other indicators are running I think she will come back a touch to test support, this will in turn make the pull back to the MAs. This last weeks volume in the Market has been pathetic due to the festive season, so when we return to normal next week I think you will see the volumes rise to take this stock to highs not seen for quite a while. Even so, the stochastics have been making higher highs and lows. This could be recovery time for this stock... I think its worth keeping on the monitor



Looking at the long term chart you can see what I mean - fingers has often illustrated the power of a mirror image - could be a nice way to go...