The uptrend channel is on a massive breakout, seems to be a buying opportunity. We are seeing a large amount of buy volume, which is bullish.
Also notable, the RSI breached 30 yesterday. Today it has rebounded and now 30 is acting as a new support.
Long at 68.85, sell at 78.0, stop loss at 65.00.
**Disclaimer I am an amateur trader and I just want to record...
Bullish breakout on TNA - Price is within an ascending channel and forms a good triangle pattern. We are really close to breaking that triangle. I advise watching for a long opportunity. However, be aware of political/commercial tensions that could bring the markets down easily.
W: Bearish Div. behind, w/ TP touched, RSI poised to cross up 50 and to confirm nw uptrend
D: overlap between wkly suppt and dly rebound for validation of Bullish DIv., back to the wkly target
Over dly target, following trend w/ fibo for next tp