$TGIF $TGIF.V - Broke downtrend line. Breaking Inverted Head and Shoulders . Could result in a nice move up from here. Have gone long at .57 Entry.
Neutral here but Ascending triangle tapping former resistance line on todays gap down. Will be watching closely near term. $TGIF $TGIF.V
Vegas cannabis company.
Consolidating for a year. A lot of patience by the longs that held. I hope they are rewarded.
$0.35 resistance level has been broken with fairly good volume and has now been tested successfully once as support. 12 and 26 EMAs continue to act as support.
On the weekly timescale. I'm waiting for a break of the resistance line with some high volume for buy signal.
Arriving fashionably late to the party.
This article" equity.guru and upcoming financials could be the catalysts needed to get $TGIF back on top of it's moving averages.
OTC:TGIFF has been trading in that 50% channel for 4 months now 0.40 - 0.60 couple things i noticed about the chart that may pass over on first glance: ~~~ It seems to make its move UP from .4 to .6 a lot quicker than it has been taking to move back down. (the most recent drop was more rapid than previous several times, however) That kind of tells me that...