i guess on closer look a triangle to form needs a few more higher lows and higher closing prices; On the flip side theres a flag formation there too possibly. Tough to call. Need a higher close today than yday with the higher low to continue a healthy trend for triangular breakout. A couple more higher lows and higher closing prices edging nearer to resistence and we could have the formation we're looking for.
Realistically for a 'flag' to form there would have to be a few more higher lows cobined with higher highs
* theres no 'clear' formations though, im just hypothesising what 'could be' based on the chart set-up......or what im 'hoping for' :)
TOL Price at posting:
$6.39 Sentiment: LT Buy Disclosure: Held