Whipsawing prices during consolidative periods (CP) can be challenging. Cut-offs for TNA R Factor along with calculations related to TNA DEMA minus TNA Closing Price and TNA WEIGHTED CLOSE - TNA Closing Price, were utilized to detect CPs for TNA. Here's a tidbit on R Factor analysis: http://iahs.info/redbooks/a212/iahs_212_0049.pdf
As of Friday's close, a CP was identified for TNA. This suggests that if TNA rises on Monday, take profits before the trading day ends.
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