Technical analysis by NurseTrade about Symbol TRB: Buy recommendation (12/30/2023)

Hey everyone, TRB is getting ready for another energetic move! For the past day, price has been consistently rejected by strong resistance right around the area of $243. This introduced another bullish pennant formation, which we are currently working to break out of right now. Considering the volatility in the markets, I'm staying cautious here... waiting for a retest after the break to confirm a safe long entry. I'm actually a little surprised that it held here. I initially anticipated a reversal based on the overall market, but we have been steadily trying to push up which gives some confidence. That being said.... even if it's a dime piece of a trade, always remember to be mindful of risk and to trade responsibly. It could turn around at any moment. Entry: 243.62TP1: 255TP2: 280 SL: 237TP1 Reached!