$TAN

TAN is oversold after breaking 60; a technical bounce is expected near 54, but the long-term bottom is likely not in and the investment case is unverified.

He framed it in days
“Can $100 Oil Break This Market? Futures Slip | PreMarket Playbook | September 9, 2026”
BenzingaPublished Sep 9 · 6 passages

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Uh T10 broke lower. So that's kind of what we were anticipating earlier, right? Tan. Oh my gosh. This went to 60. It broke 60. TAN down 27% right now.

There's going to be a good bounce coming in this. Maybe it's going to be down at 54. Yeah, you know, the the all-time lows where we double bottomed. Um, that would be my guess.

What have uh firms been saying about this? Lowering their price targets. Everything is still well except for one here. Uh, everything was like 100 or more. uh except bear thinks it's worth 85.

Either way, all these price targets are well above where the price is right now.

maybe it's really overdone here and uh this is this is providing an opportunity. I'll let you decide if that's the case or not because I have not done enough work on this to know if I'm getting a good deal down here.

But I mean approaching the all-time lows certainly worth looking into.

Carlos, uh register ring for you. just sold T10 covered. Shorted it yesterday. Good job, Carlos. Get that money and get out of there.

Lion, you we called it. You were part of that. You were part of that T10 going lower indeed. We broke that 60. Sure looks like it's going to go lower as well.

Oh, Ly, I'm not touching T10. Um, I'm just, you know, pointing out that there is a point where this is going to be so oversold that buyers are going to step in and it's going to get pulled back up.

Now, that might not be the bottom. I agree. But there is going to be a point where something any stock when it gets as overdone as a one like T10 is that's going to uh entice buyers to step in and even if they're not holding it for a long period of time for a trade at least.

So, I would expect at the very least that to happen, but I don't think that the bottom is in.

What this channel has said about $TAN

Benzinga has only this one call on this stock.

2026-09-09This one
Uh T10 broke lower. So that's kind of what we were anticipating earlier, right? Tan. Oh my gosh. This went to 60. It broke 60. TAN down 27% right now.
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