We can see that TKO bounced off of our 3.6 support level which was a previous resistance level. It is now breaking out of the descending channel which was established on descending volume which means, as you know, that there wasn't much selling.
Targets are still the same : 5, 6.2, 8 and 10.
Support is still 3.6 which remains unbroken for now.
Any questions?
Good luck traders,
Remember not to break your rules
Habib
Targets are still the same : 5, 6.2, 8 and 10.
Support is still 3.6 which remains unbroken for now.
Any questions?
Good luck traders,
Remember not to break your rules
Habib
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.