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THL stock touched a strong support level @ $2.50 and bounced right back to the levels of $2.90 creating a case for strong trend reversal.

Investors are also speculating central banks stand ready to mitigate any hit to the global economy from the coronavirus. 

Global markets ​rallied overnight as investors speculated the global economy can withstand the impact from the still-spreading coronavirus after China’s market sell-off eased. Tesla extended its amazing run, while Alphabet (Google) slumped after deliverin

​Global markets recovered overnight with US stocks climbing as gains in Amazon and Nike as well as a surprise rebound in US factory activity helped markets attempt a recovery from steep weekly losses due to concerns about the coronavirus epidemic.