TIL LTD - BREAKOUT Bullish Pennant Breakout. MA20 Crossed above MA50. MA50 is expected to cross above MA155 between 25-27 Aug,2020.
All three targets on the chart
TIL
TIL: Text-Book Wyckoff AccumulationThis stock is a perfect candidate for those wanting to study Wyckoff methodology. Price has cleared the inside-channel line and has to clear the upper / bigger trend channel.
Chances are that we might test the lower end of the trading range, marked in green box. Such a move may offer a nice buying opportunity, provided our assumption of Accumulation is valid. On the contrary, a breakout above recent highs would indicate that the Mark up phase is underway.
Plan your trade and position size based on your risk parameters.
