TradingView
PatternTrader0807
Jul 15, 2019 2:25 PM

TRNX being squeezed. Possible breakout. #TRNX Long

Description

Looking at the MACD this stock update looks good. Volume looks good, MACD looks good.
A little concerned about open gaps, but the trend is good. 4 days of the same movement.
Might see a little retrace, but if it stays in the wedge and pops up past .39 it could be .50+

Comment

We might see a gap down to .25 area this morning. If it holds .25 the trend continues.

Comment

Just looked. Pre-Market says .47
Like FCEL these massive gaps up are going to smash down hard.

Comment

Interestingly, still on the old trend line. I do feel another drop coming though.
More