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Bixley
Oct 2, 2022 1:40 PM

TNK - Bottom Structure 

Teekay Tankers Ltd.NYSE

Description

This is what I would call an Ascending Double Bottom structure
With the left hand of the bottom being lower than the right hand
I expect a further breakout towards the red line on this Weekly timeframe
From there price can either do a full reversal or be rejected from this Red Line.
Comments
Solldy
Very high-quality description, my friend. I just got a high from reading it 😌 I think that the idea will work pretty quickly, with the current volatility it has every chance to do so.
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