CANNAINVESTOR Magazine July 2017 | Page 178

Tetra Bio-Pharma Inc. (OTC: TBPMF)

Tetra Bio-Pharma broke out of a tight consolidation range in mid-May on big volume before announcing positive results for the drugs that they are developing (funny how these things tend to play out). The stock has now pulled back to right below its 20 day moving average and is shaping up for a pretty decent entry off its 80 cent highs here around 55-62 cents here. As I noted, the bulls should be watching for positive MACD and RSI divergence to confirm an entry.

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