Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 12/16/2021, 1 day ago, when the stock price was 99.3400. Since then TTC has fallen by -3.76%.
Market Outlook
A sudden bearish attack caught us off guard without the forewarning of a bearish pattern. We may be on the verge of conceding the death of bullish case and getting ready to cut our bullish bet. Our previous BUY signal didn't work out. This happens. Sometimes, candlestick patterns falter. We owe you an apology for that but this is exactly what we have the stop loss mechanism for. The bearish stop loss of the last bullish pattern is triggered today. The current share price is already below the stop loss level, but the signal is still suggesting to STAY LONG. The SHORT signal requires a black body whose close is below the stop loss level and the chance of detecting such a black candlestick is very high. The Delayed Intraday Module is ON. Given the high risk involved, following the price action on an intraday basis is now essential.