Under Pressure
Our Pivot: 65.00
Our Preference: Short sell TRG below 63.70 with strict stop loss of 65.00 and profit target at 61.00 and 60.
Alternate Scenario: Upward penetration of 65.00 will call for 67.30.
NOTE: TRG is in correction mode of its previous bullish rally inside a bullish price channel but daily and hourly MACD is loosing strength.
Hourly chart with supports & resistances:
TRG 42
Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
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