TK
Please correct me if I am wrong. I am just a beginner
What I see:
- 8-4-22 We broke out of a symmetrical triangle.
- The breakout occurred on above average volume.
- The breakout was followed by a small rally, up to the high of 19-1-22, TK then pulled back to a former resistance level near the breakout point, hopefully this former level will become support.
Today (21-4-22) and the following days will tell us if the Principle of Polarity is valid on this chart. What are your expectations for Teekay Corporation?
This is no financial advice.