TNYBF has broken flush to the upside of a descending channel.

It appears as though TNYBF has broken the downward sloping resistance of a descending channel, and upon back-testing old resistance, it has turned into support for the time being.

The Williams Alligator bands are widening to the upside which is inherently bullish and exactly what traders look for in healthy uptrends or a defined shift in momentum.

On the DMI we've seen a bullish cross where I've placed the downward green pointing arrow.
beveragestocksbullishcrossChart PatternsDescending ChanneldmicrossoverFalling WedgeSupport and ResistanceTNYTNYBFTrend Analysiswilliamsalligator

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