Technical Summary: We wonder if that after a 5 year downtrend the stock of TLS has finally found a bottom. This could be the case when you investigate the one year chart above. The stock put in a low in June 2018 and then rallied in what looked like another dead cat bounce. Naturally the stock started pulling back before putting what appears to be a higher low. This is the first time in the last few years that the stock has put in a higher low. After such a strong downtrend it will likely take some time to work through the overhead supply but the price action at this stage seems to be positive for TLS.