Compared to ATI, RTI, USAP, it looks like TIE is the only stock that hasn't hit new highs since January, and we would expect the strong buying to take us to much higher levels soon. Something is up and we are taking advantage of this cheap stock now. Shares at or below $30 seem very attractive as we wait for the stock to break new highs in the $48 range.
We sense that some money from ATI and RTI is rolling into undervalued TIE today.
TIE Chart. Buy or Hold until RSI is at 80 - 90 level and the MACD level is at +3 - +4.
TIE has been trading in a channel since July and should break out of the channel around $37 - $38 level.
Insider Buys - Click here!!!
We'll keep you posted.
