TNH

[ramlau]

I've been a TNH long since its $50s. Didn't sell today when it was pennies below $100. I see that POT is down too, so it seems to be profit-taking on the whole sector.

Has anyone traded TNH lately?

Ram

[setravis]

No, I have never traded this one.
But keep your eye on the chart now...it may just tray and test the 50-day MA.
Recent CandleStick Analysis
Very Bearish
May-14-2007 Bearish Engulfing 

Support @ $83.13...80.42...77.00
Resistance @ $86.70

52wk Range: 18.57 - 95.85
Volume: 1,589,307
Avg Vol (3m): 233,895

Technicals
Record Price High
Percentage Loser
Price Loser

Last Price Quote is:
7.39%above 13-day MA
32.18%above 50-day MA
RS Rating: 99 

Fundamentals
Key Data:
Market Cap (M): $1,789.15 
P/E Ratio: 21.57 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

[ramlau]

The next support is at around $78, the 50% fib-level. I'm not selling unless it's sold well into the mid-$70s on high volume.

An occasional 10% correction is healthy for an extremely bullish stock, IMHO.

Ram

[ramlau]

Things are happening as expected.

Ram

[ramlau]

Nailed.

This one will break $100 in a matter of weeks if the market holds the current level.

Ram