TWE - Is it ready to breakout?

7 Haz 2020

Ascending triangle formation in the TWE chart. High probabilty trade on the back of the market anticipating a positive close out of their class action dispute and potential market tailwinds with lockdowns easing. Waiting for the break out with bullish candle confirmation.

14 Ağu 2020

İşlem kapandı: hedefe ulaştı

Target more or less reached. A couple of cents shy, nonetheless just over a 20% gain. Latest TWE report was solid enough considering the macro. Chart still looks bullish, however, at this point I'd rather move the capital onto another high probabilty trade.