Buying pressure has so far overcome selling pressure but there has been some pressure from sellers, evident by the long lower shadow on today's candlestick. TUFF's 52 week high is .32 with a 52 week low of .11. If buying pressure continues and this move turns into more than a one day run, the 52 week high could be breached possibly next week. The stock did gain a new support level around .16 in March, up from previous support at.11. TUFF made a run in Feb. up to as high as .27 before pulling back and establishing support at .16 The stock made a two day run in late March back to the .27 area before pulling back and basing again. Penny stocks traders may want to keep TUFF on scans as a possible breakout stock.
4/22/2011