TRX breaking out of ascending triangle
Updated
TRX has been making lower lows since March 18th, while failing to make higher highs. This creates an ascending triangle, which TRX is now breaking out of. Target is the depth of triangle - which would put it in the 900s. RSI is overbought across the board, so it could use a small pullback before continuing higher.
Note
This worked out well!
scott.melker@texaswestcapital.com
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