Long
$TRWH 4 Month #Cupandhandle #ChartPattern
Quite a few casino stocks are looking bullish! Here is $NYSE:TRWH setting up a 4 month cup and handle chart pattern with handle taking on a flag pullback. Day is not over yet but it seems the stock is breaking out of that flag and setting up a run up to $28. A level that has been resistance in the past and a confluence of both pattern and weekly down trendline resistance. A daily close about that level could set the stage for another leg higher.
Note
testing cup and handle resistance after breaking out from cup (flag) - tighten stops here because we have no idea if resistance is going to stay resistance.
✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
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.
✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
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.