Panjang

$TESS year long base breakout

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TESS has broken above $7 and established support after failing to do so for over a year. The stock appears to have resumed the breakout today with increased volume of 108K shares, which is >2x the next highest volume day in the last 10 days of 42K.

The failed breakout in August 2020 had TESS closing above $7.00 only 5 consecutive days, this time, the stock has done it 15 days in a row.

I think the stock's rise will be as precipitous as the decline back in January 2020 and TESS should see $10

Penafian

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