TGL Opinion - OK folks if you have ever seen a 50 day low, or 52 week low stock, this is often the type of pattern you will see. A whole lot of long trending red candles (red 'blocks' in the case of Renko).Yesterday, there seemed to be a lot of building into the stock as it was testing a resistance level and I had expected it to break through today. Cannot say of the Fed Powell week influenced the drop today. I hold a high level of confidence that the inflow will return and it will not stall at it's long ranged support level. I will be looking to see if it tests $8.9 per the Renko chart pivot level indications. As always, I never do DD on a stock so it's pure charting opinion. Like all my opinions, they are my opinions based on my method of trading. Don't take what I say or for that matter what anyone else says. Trade your way, on your day. - Opinion
