Is TA done testing?

After TA broke from the triangle, it went back to test the newly found support and the last 3 trading days seemed to confirm that the testing is finished. Will TA finally fly above its previous high at 2.68?

Ichimoku elements Kumo, Tenkan Sen and Kijun Sen lines are currently supporting the price. Overall sentiment of the stock based on this system is bullish.

RSI or Relative Strength Index is currently at 58


The following two tabs change content below.


A computer engineer by profession and loves to develop online systems/websites. A self-taught stock trader who loves to share his knowledge and enjoys learning, expanding knowledge and staying well-informed. Most often he uses candlesticks, Fibonacci Retracement levels, Ichimoku system on his technical analysis but loves to hear some rumors as well.

Leave a Reply