Tootsie Roll Industries Inc

TR remains in a Stage 4 decline with active lower highs and lower lows under declining EMAs. Medium-term structure is bearish, reinforced by the primary Lower Highs & Lower Lows pattern and price rejecting each moving-average zone. Short-term price behavior shows extension below key EMAs without exhaustion, suggesting selling should be deferred into relief rallies at resistance zones near EMAs or prior support-turned-resistance.

• ↑Mr. Owl marketing with color-changing chameleon targets younger consumers
• ↑Shares trade ~21% undervalued at Simply Wall St fair value of $47.03
• ↓Negative growth outlook and downward analyst revisions signal weak prospects