this is just what the doctor ordered. I was looking for an upward triangle to form or else there wouldve been a bearish flag scenario which wldve sent us back down
great that its broken through! And now MOMENTUM is on its side coz theres been a breakout in resistence.
*** There was a fall from 6.45ish support to 5.85, so a 60 cent fall from the last previous support. Thus i expect the share-price to hopefully play-out a 60cent upmove from here on in. I.e a target of 7.05. Hopefully this can play out if the market holds up (lowish volatility) at least or continues going up.
nice to see the much awaited break. Now that momentum is there, it can hopefully keep going based on this.
needs to close today well (be good if it can close near the high or at around the highs as an indication of more bullishness to come)
TOL Price at posting:
$6.66 Sentiment: LT Buy Disclosure: Held