It appears as though Tinley is creating a series of higher lows & higher highs on a "micro" level spanning since the 23rd of this month.
I see merit for another bull flag or ascending triangle, and with the current buy pressure accompanied with some news this week I wouldn't be surprised to the share price touch or jump over the 200 Day MA, depending on the news clearly.
I see the ascending triangle on the RSI as well, and there's also merit for a inverse H&S to play out.
Time will tell per usual.
I see merit for another bull flag or ascending triangle, and with the current buy pressure accompanied with some news this week I wouldn't be surprised to the share price touch or jump over the 200 Day MA, depending on the news clearly.
I see the ascending triangle on the RSI as well, and there's also merit for a inverse H&S to play out.
Time will tell per usual.
Yorum:
Same Chart on a one day time frame showing a bull flag.
