thecryptochart

ASX - TRS - SRF of the 5.93 level is very positive

Long
ASX:TRS   THE REJECT SHOP LIMITED
ASX - TRS - The Reject Shop. TRS smashed through my 5.76 target. It has now Support Resistance Flipped the 5.93 level which increases my conviction. STO has bottomed out and will turn up shortly. Volume was decreasing on the bull flag. RSI shows that selling strength was weak on the bull flag. We finished with a nice pin bar and and an engulfing candle. Classic bull flag.
New target 1 = 6.49. Target 2 = 6.99.

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