TPL – BUY SIGNAL (REVISIT) | 01 AUGUST 2025
The stock was previously moving within a bullish channel (marked light blue), but recently broke down from it, triggering a potential trap. However, it found strong structural support and formed a spring near the excess line , a classic Wyckoff reversal signal. With a reclaim of structure and confirmation of bullish intent, TPL appears ready to resume its upward leg toward key resistance levels.
The stock was previously moving within a bullish channel (marked light blue), but recently broke down from it, triggering a potential trap. However, it found strong structural support and formed a spring near the excess line , a classic Wyckoff reversal signal. With a reclaim of structure and confirmation of bullish intent, TPL appears ready to resume its upward leg toward key resistance levels.
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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.