Tronix is in a triangle - if it breaks the resistance it's bullish if it drops below the support it's bearish. TK cross occurred in the kumo cloud which is a neutral bullish sign. RSI seems bullish and is almost above the 50-zone which is good. I drew 2 possible triangles but both are gonna break out soon.
Note
Nothing significant happened on the first triangle. There might just be more consolidation. Resistance still relevant thoughNote
Tronix broke out! Gonna chart an update in a bit.Note
Tronix did a great run! Nice gains if you got in early.Disclaimer
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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.