This one is for Englishman Trader who wrote:
TOMO ... as a long. What intrigues me is the dimishing volume as it drops back from a second recent surge. I see a trend line from 9/21/2005 when it gapped and showed a lot of strength. I am wondering if we are going to see another run from here. Do you see something else ?
I see all of that but I also see it making lower highs. So what jumps out at me is that the stock is coiling/consolidating/building a triangle. If I wasn't already in the stock I'd just wait for the break to take action.
