TD Retesting Resistance?
Ended the day off with a huge hammer signalling a move up, MACD is also making moves for a crossover, TD could possibly be making a move up to test the strong resistance @ $75.
Be careful though, TD is currently in a bearish state, the resistance has already been tested a total of three times, forming a triple top. However, I think a scalp here is certainly possible.
Will TD break the resistance this time around and blast through to new highs? Or will it continue its bear trend?
Let me know what you guys think!
Be careful though, TD is currently in a bearish state, the resistance has already been tested a total of three times, forming a triple top. However, I think a scalp here is certainly possible.
Will TD break the resistance this time around and blast through to new highs? Or will it continue its bear trend?
Let me know what you guys think!
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