Transurban about to break a long term resistance

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Price ACTION - TCL is breaking a key resistance level reversing a downward swing back to previous highs.

4 hour chart

Condition - BReak of 13.81 with good volumes

Stock target - 14.31

Target 2 - 14.91

Target 3 - 15.63

Timeframe - 6- 8 Weeks

Stop Loss - Swing Low - 13.44

Pattern - Round Bottom

Potential - Can form a Cup & Handle if next resistance sends the stock on a slight correction
Giao dịch đang hoạt động
Stock has broken above 13.82. Entry made
Ghi chú
Trade active.. Expect a retracement back to support.
Giao dịch đang hoạt động
TCL inching towards T1 currently at 14.28
Giao dịch đang hoạt động
Trade update - Broke 14.32- Retraced to 13.78 below 13.82 to remove some weakhands and now on the journey to Target 2 which is 14.91
priceactionTrend Analysis

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