There is a gap that needs to be filled in 12 - 9.5 level. Invalid if 200MA is not broken in the next week or 2.
This megaphone breakdown will be the fake breakdown to the huge wedge we have on the daily, the final tree shake. It will be followed by strong buying as soon as bottoms.
Not advice. Do your DD. I'm long & doubling my position if we get to that level.
TLRY 4Hr chart showing the inverse head & shoulder pattern, with 200MA acting as the neckline. During the last few days,
it has been showing contraction in volatility, which was showing on lower timeframes, but not on the 4H chart since it bottomed @ 13.41. This indicates that sellers are being absorbed by buyers.
Contraction in volume has been showing since...
