TMR has essentially been chopping sideways for 3 years in a clear channel. It has has 2 perfect ascending triangles form in its time marked in the orange lines on the chart and they both failed miserably. There was also a textbook break out of the upper range of approx. .27c but that also broke down and failed when it could not hold the previous resistance as...
Been a fun ride out of the beautiful cup and handle formation. Since that uptrend broke has been a significant pull back/consolidation which has now formed a nice wedge. it tried to break up this week but couldn't close and has left a big dirty wick. This week should break out and show us direction.
