Some toughts about TIA

15. Feb.

TIA looks ready to retrace after a great upward rally. It's actually approacing main trendline, and i expect a break below that also considering a bearish divergence on major timeframes. Setup is similar to the setup i shared for MYRO some weeks ago. I expect price to touch main support zone at 16.38 and perform a pullback. Not sure it will resume the pump there, it can probably make a small bounce before continue to drop till next support zone at 14.00, so not be greedy and take profits!