TCP is trading at the bottom of a broadening formation pattern ....
Failure below R34 will not bode well for the bulls.
Price may have a relief leg on the short term downtrend (daily close above R37.70 confirms) or fade to the R34 and create a right shoulder / "Head & Shoulders" pattern
Failure below R34 will not bode well for the bulls.
Price may have a relief leg on the short term downtrend (daily close above R37.70 confirms) or fade to the R34 and create a right shoulder / "Head & Shoulders" pattern
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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.