Tomo

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  • Rob
    Senior Member
    • Sep 2003
    • 3194

    Tomo

    TOMO .... is this thing a buy yet? What do you think?

    —Rob
  • mimo_100
    Senior Member
    • Sep 2003
    • 1784

    #2
    The price objective on the P&F chart is 15.

    The slope of the 20 day MA is negative and just doesn't seem to want to
    turn around. Also, it keeps hugging its lower bollinger band.

    Looks lower to me, Rob.
    Tim - Retired Problem Solver

    Comment

    • Lyehopper
      Senior Member
      • Jan 2004
      • 3678

      #3
      Originally posted by mimo_100
      The price objective on the P&F chart is 15.

      The slope of the 20 day MA is negative and just doesn't seem to want to
      turn around. Also, it keeps hugging its lower bollinger band.

      Looks lower to me, Rob.
      Looks lower to me too.... The weekly chart is bearish and a 61.8% retracement would bring it down to about $18.... There is a nice gap @ 15.37 that looks like a good target too. So I'd say $18 bucks for sure. Looks like a good short play maybe.

      Anybody else?.... NBB? Runner? Ski? Spike?

      BEEF!... it's whats for dinner!

      Comment

      • New-born baby
        Senior Member
        • Apr 2004
        • 6095

        #4
        Falling Knife

        TOMO is a falling knife. Stand back!

        I'll post a chart after I get back tonight, but let it suffice to say right now that this thing has just begun to get ugly.
        pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

        Comment

        • spikefader
          Senior Member
          • Apr 2004
          • 7175

          #5
          Originally posted by Lyehopper
          Looks lower to me too.... nice gap @ 15.37 that looks like a good target .....Spike?
          Yep, bearish bias; failed major channel long the other day....it may well test that gap support....but see strong bollinger band support at 17.00. A daily close below that area is very bearish.

          Comment

          • Rob
            Senior Member
            • Sep 2003
            • 3194

            #6
            More TOMO

            So you guys are saying no support at the 200-day, mmm hmm. I reckon it's possible, mmm hmm. Well anyway, here are a few of the numbers, mmm hmm.


            I don't rightly know what happened to the Q4 numbers, mmm hmm, but that's what I found anyhow, yessir.
            —Rob

            Comment

            • spikefader
              Senior Member
              • Apr 2004
              • 7175

              #7
              Originally posted by Rob
              mmm hmm...
              lol funny stuff Rob. Good movie that one.

              Comment

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