Technical analysis by PIKandExmoStudy about Symbol TRIAS: Buy recommendation (12/8/2023)

TRIAS in ascending channel, above bull market support band and Ichimoku cloud. Doing the "pit-stop" wedge formation (purple) with momentum weakening but price staying in range. Stubbornly flashing another a13 but this time that could be broken. Notice we are fighting the 0.5 retrace level. TRIAS hasn't popped hard yet, waiting for the inflow of liquidity and its time to shine. I'd say as high as 9.60 but I like to play it safe with targets. So the 0.618 Fib dictates 6.99 and this is our target (take profit = TP). Stop loss just under channel bottom @ 3.13. All contingent on a solid close above 4.50~4.60 range. We are trying to keep the momentum up in December but REMEMBER many things are getting stretched out now. Market is too happy for reckless trading. Good luck and join our exclusive insights and trade ideas community on Telegram: t.me/+-RmYHpX0HDA4ZDlk Visit the website for professional cooperation: patienceiskey.biz We have a 92% win rate Aug-Nov! +1440% projected YoY return.