If TENX can get some volume then there may be a possible trend reversal that would turn the bearish pennant into a buy opportunity. I would watch it very closely if you gamble on the pennant. Make sure to set a stop loss.
Good Luck!
Good Luck!
Comment:
Looks like we broke upward out of the bearish pennant. However, TENX is still lacking in volume. Will need a bump in volume to really make a move.
Comment:
On a second look (zoomed out) it does not quite look like we have broken out yet.
Trade active:
Great breakout and trend reversal. Move your stop-losses up and enjoy the ride!
Comment:
Note the reverse head and shoulder formed.