TUP the newest meme fundamentally dead LONG

2023年8月5日

TUP on the 30-minute chart has some decent technicals. Based on anchored

VWAPs one set for 8/1 and another 8/3, TUP has pulled back into solid support

at the two mean VWAP lines. Volume has been steady. It is in the middle of the

fair value zone and under the POC line of the volume profile. Analysis of that

profile is that price should seek the POC as if a magnet. there is could be

pushed up or repelled down depending of the relativity of the dynamic of

buying and selling pressures interplay in that zone. I see TUP as having 20% upside

for sure on the retracement of the trend down. An additional leg up and over the

POC line is possible or even probable but not a certainty.

2023年8月5日

註釋

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