The_Patterns_Guy

#TRIB $TRIB #neutral #stock

NASDAQ:TRIB   Trinity Biotech plc
On the daily chart notice that again two of the three indicators are pointing up. the stock is has formed a rising triangle that is about to smash into down trend line. A serious breakout could have impacts on the higher time frame charts. This is a stock to add to your watch list.

weekly
Same story has the monthly. two of three indicators pointing up and there is a strong downtrend that might be broken soon.

monthly
notice two of the three indicators have perked up, the stoch rsi and macd. The OBV has not. Also notice the strong downtrend on the chart, but the recent action could break that trend.

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