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starexplorer
Sep 24, 2023 2:39 PM

Short TD Short

TORONTO-DOMINION BANKTSX

Description

Weekly bear flag
Weekly 200 week SMA being tested too many times
Weekly under Red Ichimoku cloud
Volume spike at the top of the daily green ichimoku cloud suggesting heavy selling

TP1: Daily level identified
TP2: 100 month SMA
Comments
Maximus388
every Canadian banks have a similar graph currently. they just don't accept to go lower...
starexplorer
@Maximus388 soon, TSX broke support trendline. Nasdaq and SP500 are below daily Ichimoku cloud.
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