TFM fell from $50 to $35 level and then found bottom. The sessions from March 13th to 15th were bullish and in Japanese terms is called “Three White Soldiers”.
Today TFM pulled back to $40.78 which is logical for a stock to take a breather. Based on the chart it looks like the next move for TFM is to the upside.
Targets would be $43-$45.
TFM and Three White Soldiers
WFT fell from 13.60 level to $11.00 from February to early March. Now it is rising once again and has formed rising wedge.
MACD also giving buy signal. It seems that it is headed for $13.0 once again. Chart of WFT shown below.
WFT Rising Wedge
HSP fell from $37 to $29 and now rising upward to fill the gap near $32.6 and possible target of $34.10
HSP Going for Gap Fill