June 5th was the beginning of the decline for TIE, but it seems to have hit bottom, and looks really attractive on a 60 minute.. this stock is worth 30-33 imo. Its worth at least looking at - Nathan
Just my opinion, I think you're totally wrong. Yes the stock looks strong because it finally crossed the 8 MA. I think there's too many levels that it has to break to make that kind of prediction. I see levels at 26.40, 27.50, 28.50, and 30. I see it reaching 25.69 and bounce off the 15 MA and coming back down.
May 11th was the begining - presplit. TIE has been in parabolic free-fall since. I will run some TA on it early next week to see where I think the resistence will really be. I think it will come back but not until the overall market returns. Until then, the ones that went up the fastest will come down the fastest.
I am serious. I got 20 Calls at Jul strike 30 at .20 Last traded at .45. Couldn't expect better than this...