Technical Summary: The TPM stock was in a beautiful uptrend as it ground its way up from around $2 per share to $12 per share across 4 years. A 6 bagger! It was a wonderful stock until the back end of 2016 until now. Since this time the stock has been in a steep down trend and has made numerous lower lows. For those that have held on they have given back a good part of their gains to the market. The stock has peaked above its 50 day moving average on a few occasions this year but has quickly reversed and continued its trend down. From a technical perspective this stock is not buyable at this point. We would like to see it making at least one higher low above its 50 day moving average. Essentially we would want to see it breaking its downward trend before buying. To buy now would mean that from a fundamental perspective you have been able to nail the bottom.