"Toronto-dominion Bank" has broken above a previous resistance area with a strong price gain supported by greater than normal volume . Be careful as it could pull back. Perhaps look for a buy price if it reaches 61$ to confirm direction"
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$TD is trading within the projected PEAD cone with price trading within the parameters of the projection after a positive under reaction following its earning release.
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Bearish Gartley pattern has formed on the Toronto Dominion Bank price. We have 3 different take profit levels (depending on your risk/reward appetite). Stop loss can be placed at $58.
This pattern was detected with my "Harmonic Scanner."
The PEAD projected a bullish outlook for $TD after a Positive under reaction following its earning release placing the stock in Drift A
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Hey traders, TORONTO-DOMINION BANK is in a fake bearish configuration with low executed buy volume and an inverted hammer. On the TIMEFRAME M1 we see a doji in the form of a tombstone she made an attempt to bounce on the VWAP. She goes in the direction of the last low point to make a strong potential turnaround to test the VWAP. Then the broken at the same time...
Breaking out above historic price channel.
May revert back down into the channel (notice positive divergence between price and volume).
Bullish long term - will likely add to position if does retrace downwards.
TD touched weekly LBB and bounce also the support at daily 58.72.
Yesterday candle combine with Wednesday candle confirm the temp bottom in and it should move back up to MBB and even UBB daily.
I would get some here for a swing trade target at least daily MBB depends on mkt condition it should be able to reach daily UBB as well.
