Feb. 13 at 5:02 PM
$TANH One of most oversold and consistently manipulated low float value plays - for 5 months RSI has basically stayed below 50, a pattern seen on same chart prior to Apr/May 2025 before it started to trend up then a big spike in May with multiple smaller runs in the next 4 months.
Crossing MA200 (
$1.63) would likely squeeze to 2+ but that's quite distant from here. For bulls, bidding over 1 and creating a support at 1+ is key - it'll help trend toward that.
TANH had very bullish earnings as reported in Dec: 6-month net income surged from
$1,108,040 to
$9,492,549 (up 757%) and they just recently announced US trademark allowance, suggesting commercial product launch in US is ready.
Put in perspective, most microcaps are losing a lot of $$ while TANH appears to have robust financials and a profitable biz with growth expected.
