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StijndeVries

Tk - Principle of Polarity

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Teekay Corporation (NYSE:TK)  
StijndeVries  
NYSE:TK   Teekay Corporation
Trend Analysis Chart Patterns Technical Indicators Symmetrical Triangle volumeanalysis polaritychange breakout support resistance_level teekay Technical Analysis technicalindicators
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trendanalysis chartpattern indicator symmetricaltriangle volumeanalysis polaritychange breakout support resistance_level teekay technicalanalysis technicalindicators
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.
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