Tourism Finance Corp (TFCILTD) (D): ATH PUSH WITH CAUTION
Timeframe: Daily | Chart Scale: Linear
Hit a new ATH of 148.50 today with a massive 31.9M volume spike! 🔥
Technical Highlights:
✅ Breakout Attempt: Pushed above short-term horizontal resistance (active since early Sept) but couldn't secure the close.
✅ Volume: Rising volume trend shows strong buyer interest.
⚠️ Candlestick Alert: Formed an inverted hammer at the top—a potential bearish reversal sign!
✅ Momentum: Short-term EMAs in positive crossover (Daily/Weekly/Monthly). MACD & RSI rising. 🚀
Key Levels to Watch:
🎯 Target: 157 (If it decisively clears resistance)
🛡️ Support / Pullback: 139
Keep a close eye on price action over the coming days. The battle between high volume and bearish candlestick structure is key! 📈
Are you tracking setups across the finance basket? Share your perspective below! 👇
Hit a new ATH of 148.50 today with a massive 31.9M volume spike! 🔥
Technical Highlights:
✅ Breakout Attempt: Pushed above short-term horizontal resistance (active since early Sept) but couldn't secure the close.
✅ Volume: Rising volume trend shows strong buyer interest.
⚠️ Candlestick Alert: Formed an inverted hammer at the top—a potential bearish reversal sign!
✅ Momentum: Short-term EMAs in positive crossover (Daily/Weekly/Monthly). MACD & RSI rising. 🚀
Key Levels to Watch:
🎯 Target: 157 (If it decisively clears resistance)
🛡️ Support / Pullback: 139
Keep a close eye on price action over the coming days. The battle between high volume and bearish candlestick structure is key! 📈
Are you tracking setups across the finance basket? Share your perspective below! 👇
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.
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.