$TAN - RC -
Added 2024-06-10 11:37:01 +0000 UTCIt has been a long time since we uploaded $TAN last and when the price broke down in Apr '23, this fell off our radar as the price action looked doomed to continue falling until our blue line at $42 and this is what we got.
Price has managed to hold support at $42 since November but it has not been pretty.
Price action is still battling to stay above the 200 Day MA at $46 but flipping this level to support and the price can move up to the next blue line at $55 next.
I need to see more price action before I can count an impulse wave here, we can not assume that a reversal is on here because of one bounce.
