Dec. 5 at 9:22 PM
$TMC – Weekly Close Update (Dec 5, 2025)
TMC closed the week at
$7.59 (+9%), continuing the reversal that began with last week’s false breakdown under the 50W SMA. Price has now reclaimed both key trend levels:
• Above 20W EMA (~
$6.22)
• Above 50W SMA (~
$4.42)
This is exactly how Stage 2 resumes after a shakeout.
Key bullish signals:
• False breakdown → full reclaim with two strong green candles
• Volume continues rising into the recovery
• Price now making higher weekly lows again
• MACD curling up toward a bullish cross
• Structure resembles May 2025 right before the prior run
Levels to watch:
• Support:
$6.80–
$7.10
• Breakout trigger:
$7.75–
$8.00
• If that breaks, upside opens to
$9.50 →
$11.00 retest
Trend takeaway: What looked like a breakdown was actually a reset. The chart now leans bullish into December catalysts.
Disclaimer: Informational and educational only. Not financial advice. Do your own research.
