Above average volume surge over last few days can push TMC to re-test it's ATH soon.
We see in Daily chart, a Cup&Handle pattern has been forming throughout the last q4'25 until now. If it is successfully holding $9 on this 1st month of the year, an honest expectation would be to pass through IPO $10 price mark and with a full formation of the pattern it can head to re-test it's ATH by adding a solid 60% upside of the current price ($9.4 -> $15.4).
On 15min chart, it has also formed a smaller Cup&Handle which can help us to stay bullish until the Daily Chart condition is met without breaking the $9.3 support.
This is not a buy/sell advice, shared to learn from others' opinions on this potential.
We see in Daily chart, a Cup&Handle pattern has been forming throughout the last q4'25 until now. If it is successfully holding $9 on this 1st month of the year, an honest expectation would be to pass through IPO $10 price mark and with a full formation of the pattern it can head to re-test it's ATH by adding a solid 60% upside of the current price ($9.4 -> $15.4).
On 15min chart, it has also formed a smaller Cup&Handle which can help us to stay bullish until the Daily Chart condition is met without breaking the $9.3 support.
This is not a buy/sell advice, shared to learn from others' opinions on this potential.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.