Sign of Reversal to bullish trend
- Candlesticks challenging MA200 , possible to stay above it
- If we take a look at ichimoku indicator, candlesticks moving above cloud & lagging span moving above candle sticks (Signs of bullish trend)
-Retracement line R3 retrace approximately 0.78fib of Line C, stronger than R2 retracement 0.6fib
-Downtrend line c which form...
$TPR posted a weekly gain of +6.79% to close at it’s 52-weeks high at $42.14. The price acceleration was induced by a technical breakout of a Bullish Wedge chart pattern along with its 4 months trend channel, that was broken out with an 28.6% increment in its daily average volume.
At the current junction, $TPR immediate classical resistance level is at $45 which...