Technical Summary: The stock of TPM was on a huge uptrend until the middle of 2016 when this abruptly reversed and the stock became locked in a downtrend. The stock has remained in this downtrend for most of 2017. More recently the stock appears to have reversed off its 52 week low and has made a higher low above the 50 day moving average. At the moment the stock sits overextended and looks as if it is about to pull back. For investors looking to et into the stock we would like to see the stock make another low that is higher than the previous as this would suggest buying support.