Mar. 19 at 9:15 PM
$TNYA Thanks Mr French .. as a fairly new investor I had to research (ChatGPT) your analysis and just wanted to share it for others (correct if wrong please) -
VSA Analysis: Today's Close
The Signal: "Stopping Volume" / Absorption
Action: The price fell significantly intraday to a low of
$0.7180 but recovered to close at
$0.8037.
Divergence: Despite a -2.29% drop from the previous close, the candle formed a long lower wick (tail) on high relative volume (approx. 4.41 million shares).
VSA Interpretation: This "effort vs. result" mismatch shows that despite heavy selling "effort," the price was unable to stay at the lows, suggesting "smart money" began absorbing the supply at the
$0.72 level.
