Unless Tinley breaks above 47c in the next few trading sessions we're basically just looking at another lower high.
There's clearly a possible bull flag pattern that may play out.
The RSI was at an all time low on "all time frames" recently, which is reflective of the aggressive bounce we had in the share price.
On the RSI I've made some notes that may indicate a trend reversal.
On a five day chart I'll post attached to this chart you can notice the RSI bounce off the top of what was once a descending triangle, this may indicate the trend is changing due to old resistance becoming new support.
Time will tell per usual.
There's clearly a possible bull flag pattern that may play out.
The RSI was at an all time low on "all time frames" recently, which is reflective of the aggressive bounce we had in the share price.
On the RSI I've made some notes that may indicate a trend reversal.
On a five day chart I'll post attached to this chart you can notice the RSI bounce off the top of what was once a descending triangle, this may indicate the trend is changing due to old resistance becoming new support.
Time will tell per usual.
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