THE TINLEY BEVERAGE COMPANY INC

TNY CSE

ScotianBot

On a long-term chart for TNY, it appears as though the price has formed a bullish pennant pattern in blue. The RSI is displaying a bullish flag. A bearish cross has occurred on the DMI where I've placed the red downward pointing finger. The price has noticeably broken the red downward sloping resistance of a Macro descending channel and upon back-testing has...

ScotianBot

TNY appears to be trading in a descending channel on a micro-level. Descending channel patterns are short-term bearish in that a stock moves lower within a descending channel, but they often form within longer-term uptrends as continuation patterns. The descending channel pattern is often followed by higher prices, but only after an upside penetration of the...

ScotianBot

TNY has found bullish support at the blue upward sloping line multiple times since April 2020, potentially forming an Ascending Triangle. On the RSI we see a similar pattern as the price, there was a little fake-out that occurred recently but disregard that deviation. On the DMI there's been a bullish cross. Also, worth noting, the red downward sloping...

ScotianBot

It appears as though TNY is starting to slightly break the blue upward sloping support of potentially an Ascending Triangle to the downside, it would be ideal if the bulls hold this area of support. In green, I have drawn what appears to be a longer-term trending descending triangle, or, bullish flag, the green downward sloping resistance is currently being...

tamecks_7

Thought here is that we are in a large cup with the uptrend beginning since the lows in march. Expecting that this will ride with the other US MJ plays and eventually break out of the long wedge pattern. FIB retracement lines shown. once volume finds this name, there is alot of upside. 2021 looks promising.

ScotianBot

TNY appears to be trading in a Macro Bullish Flag, or, potentially a descending triangle. I have a hard time believing this pattern plays out bearishly due to the 12 co-packing clients yet to be announced to the public market, some of these co-packers will put Tinley on the Map, according to the CEO in an interview in April 2019. The KST is displaying a bullish...

ScotianBot

It's very possible we see a golden cross on the KST in the near term, and if not this pattern will probably end up finishing bearishly. The three blue finger icons represent previous golden crosses on the KST, I have place a question mark to represent the fourth bottom because we'll need a few more trading days to see the direction more precisely.

ScotianBot

The green upward sloping line of support has held multiple touch points, potentially indicating the pattern is a Ascending Triangle. Notice the RSI is respecting the blue downward sloping resistance of what appears like a bull flag or descending triangle. The KST is on the verge of forming a bullish cross potentially where I have placed the finger pointing...

Lavers

Great stock to long now for a run in the upcoming pot cycle. Sell above the white line. Enjoy just be patient

ScotianBot

TNY appears to be holding on to the green upward sloping support in this chart, the support is interestingly forming a giant Ascending Triangle. Potentially merit for a Inverted Head & Shoulders, only time will tell. Tinley has multiple upcoming operational updates that can influence these patterns to play out bullishly to the upside in a parabolic manner. 1....

ScotianBot

TNY has seen some consolidation into an Ascending channel, which is another Bullish Pattern coinciding with multiple other bullish patterns that have played out recently. Noticeably the green bullish flag I have outlined is a recent bullish pattern, and there was also a giant inverted H&S that played out to the upside, the right shoulder being the green bull...

ScotianBot

Bullish flag formations are found in stocks with strong uptrends. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock and the flag results from a period of consolidation. The flag can be a horizontal rectangle, but is also often angled down away from the prevailing trend. Another...

ScotianBot

Possibly a descending triangle as well, but with the Long Beach facility license imminent I'm strongly leaning towards a bullish outcome. The RSI looks like it recently made a Triple Bottom. Only time will tell.

ScotianBot

It appears as though TNY is about to make a Macro higher, which would confirm the bullish flag & be a continuation of the Triple Bottom / Inverse Head & Shoulders I talked about in my previous post. A Cup & Handle pattern played out perfectly recently too, so there's been a few bullish patterns recently that have resulted in bullish outcomes. Be mindful of the...

ScotianBot

It appears as though TNY may be trading in a huge ascending triangle on a 4-year chart. Recently the RSI went to all-time lows, and since then we've seen a nice Triple Bottom & some bullish momentum. Notice where I've placed the blue sideways arrows, there are three bottoms that coincide with a price range of roughly 23c in March 2017. Again in late July &...

ScotianBot

Since Tinley has broken down from a Descending Triangle / Bearish Flag pattern, which outlined in dark red, it appears as though Tinley may have created a Triple Bottom on the RSI. It looks like an Inverted Head & Shoulders where I have the Blue arrow pointing sideways on the RSI, and at the same time could be a Triple Bottom if there's continued bullish...

ScotianBot

This is the same chart i posted on Feb 3rd but this Hollow Candles instead of a Line Chart. $TNY has displayed strong support 4 times during this consolidation period after the bullish move on Jan 14th, and the chart has also displayed moderately strong resistance creating the downward sloping trend line forming a descend triangle, or is it a bullish flag? Only...

ScotianBot

Possibly a descending triangle? A pennant is a continuation pattern in technical analysis formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines - the pennant - followed by a breakout movement in the same direction as the initial large movement, which represents the second half...