Long
TLGT: Showing me its round bottom?
TLGT on the 15 minute chart in order to watch it move.
I see a rounding bottom, but I swear I just see that everywhere nowadays.
The fibs, retracement as well as trend-based extension, show a range of PT's above 1.44.
Seems a good PT range is 1.54 -1.62 for lower end, and up to 1.70 for higher end.
Anything beyond those levels will require quite a bit of volume and buying pressure.
Let's see how this plays out!
I see a rounding bottom, but I swear I just see that everywhere nowadays.
The fibs, retracement as well as trend-based extension, show a range of PT's above 1.44.
Seems a good PT range is 1.54 -1.62 for lower end, and up to 1.70 for higher end.
Anything beyond those levels will require quite a bit of volume and buying pressure.
Let's see how this plays out!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.