TA Potential LongTA showing potential here. Just taken the 236 but has a lot of work to do to get going. Trend line resistance followed by the Weekly then Monthly 200MA. Will monitor and adjust alarms accordingly. I will add I do not normally worry to much about the Monthly 200 however we seemed to have pulled back from it in 06/22
TAC trade ideas
TAC - Ascending Megaphone ContinuationAn ascending broadening megaphone that shows potential for continuation of bullish movement
Price is currently trending along the bottom line and wants to climb back up into the megaphone and hopefully break out the top eventually
I have placed the bars pattern showing potential recovery action
TAC & Alternative Energy bullish long term I believe Transalta Corp is well situated for significant bullish momentum in both the short and long term, so I'm taking a long position on this stock. The bulls seem to be defending the gap below, and resistance lines and a gap above are tempting bulls to make a play for new support.
During bullish times I'm optimistic about alternative energy stocks, as electric vehicles scale in over the next 10 years and climate change becomes more of a concern.