ScotianBot

Bull Flag Or Descending Triangle?

Long
CSE:TNY   THE TINLEY BEVERAGE COMPANY INC.
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 time will tell I suppose.

Keep in mind the more times a resistance or support level is tested the more likely it's going to result in break in either direction.
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.