TRMK offering a Pocket Pivot setup!
* Excellent earnings
* Strong up trend with recent choppiness
* Breaking pre-pandemic highs
* In a constructive basing pattern for the past ~8 months
* Was in tight consolidation for the past 3 weeks (2.72% range)
* On the right side of the basing pattern
Trade Idea:
* Now would be a great time to get in since it broke out of a tight 3 week consolidation with higher than average volume and it's also offering a pocket pivot setup.
* Strong up trend with recent choppiness
* Breaking pre-pandemic highs
* In a constructive basing pattern for the past ~8 months
* Was in tight consolidation for the past 3 weeks (2.72% range)
* On the right side of the basing pattern
Trade Idea:
* Now would be a great time to get in since it broke out of a tight 3 week consolidation with higher than average volume and it's also offering a pocket pivot setup.
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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.
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.