TGODF has been forming a falling wedge for awhile now on the four hour chart. Along with the divergence in the MACD on the four hour chart, I think TGODF will be poised to breakout to the upside once it fights its way out of this falling wedge.
Looks like we have a cup and handle formation finishing up on the daily. We had a small dip below the trend line but regained during the previous trading period. RSI is just entering the oversold territory on this one so I expect a small pullback out of the gate on this one.
Support Levels - 2.75, 2.60, 2.42, 2.30
Resistance Levels - 2.86, 3.00, 3.25, 3.65,...
Reentry level to watch:
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