Tinka (TK.V) closed at a new high today, and continues to show strong action in a relatively weak mining sector. However, Tinka has an interesting attribute I've noticed: it tends to lag a day behind the miners in general. There are exceptions to this, of course, but I've been able to trade this rule successfully. Tinka also has been showing a nice propensity to stick to ranges once it establishes them. I've noticed these are often in $.05-.10 intervals, followed by back tests, then up again. Additionally, it seems like sustained moves are capped by the 7-day RSI getting oversold (see below).
Because today was a new high, because today was a down day for miners generally, and because it corresponded to the RSI 7 becoming oversold, I sold today at $1.23 after accumulating at $1.08 and 1.15. Stochastics are still imbedded, and the MACD looks good as well; however, for me that wasn't enough to not take profits. I will look to reenter around the $1.15 range again, or if it can close against the upper BB, I will assume it is going to ride the band for a few days up, as has tended to do.
Tinka reminds me a lot of Orko Silver. I think it will continue to do well up until $1.50, at which point I guess a new batch of drill results will be needed before the resource enthusiasm returns to push it up towards $2.00.