SHORT / MEDIUM TERM - TAANN - BUY ON BREAKOUT

TAANN, profitable company, has broken short term downtrendline, while RSI is heading into the bullish region 50%. potential price will attempt R1 while RSI is above 50%. If price break above R1, there is potential to reach R2 with sustained momentum. take regular profits, preferably at 50% and 78% from target.

If price failed to break R1, possible it will test S1 and potentially trading sideways.If S1 failed to hold, next support will be S2.