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(TIV) The Reason Why Breakout Plays Work

TIV had an absolutely huge breakout today giving us $2.50+ clean off the breakout. From scan a few days ago, highlighted yesterday during the day on the $7 break, here we are over $9

From Yesterday:

TIV broke through the $7 mark! This has room to run towards $9, but may want to consolidate around the $7 level since the previous resistance may act as support from here on out.

From Two Nights Ago:

TIV Tri Vy Corp - volume picked up today, $7 is the key break. If you look at the chart start in February follow it through until this month and you’ll notice $7 has proved to be the resistance point.

On Other Notes:

At times I know there are more than just a handful on scan but if you join chat there’s over 150 people making decisions in real time and if you ever have questions I know traders would be more than willing to give you their insight.

For those trading HYHY which is up 7% today alone and nearly 300% from HERE the under-the-radar-stocks section is really worth book marking. Here’s what the mailer looks like:
HYHY

TIV I’m not ready to short but I’m ready to take a handful of profits, if it can consolidate and hold $9 this can continue its squeeze into the low to mid 9’s but I’d rather have missed profits than losses! I’d expect it to test back towards the $8.50 level after any large spike over $9

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One Response to “(TIV) The Reason Why Breakout Plays Work”

  1. InvestorsLive Blog » Blog Archive » Slim Stock Scan for Thursday June 19th Says:

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