$TRWH 4 Month #Cupandhandle #ChartPattern

25 set 2020

Quite a few casino stocks are looking bullish! Here is $NYSE:TRWH setting up a 4 month cup and handle chart pattern with handle taking on a flag pullback. Day is not over yet but it seems the stock is breaking out of that flag and setting up a run up to $28. A level that has been resistance in the past and a confluence of both pattern and weekly down trendline resistance. A daily close about that level could set the stage for another leg higher.

1 ott 2020

Nota

testing cup and handle resistance after breaking out from cup (flag) - tighten stops here because we have no idea if resistance is going to stay resistance.