Oh dear ... while I don't wont to comment on TRA's fundamentals and the market in general ... there is nothing positive to take out of this chart:
SP below all relevant MA's (no matter what these MA's doing) is ALWAYS a bad indicator.
Attachment 14215
I guess what one potentially could hope for is a double bottom around $3.50 (which would be bullish if confirmed) ... but ways too early to bank this :) - at this stage its all in the noise ... ;