Alright, $TRB checking in!
What a run this one has had, absolutely sending it past 55. We're seeing a healthy pullback now, which is expected after such a strong parabolic move.
Currently trading around 52.33.
We need to watch this 50-52 zone closely for support. That's the immediate area bulls need to defend.
If we can hold this level and consolidate, I'd be looking for another leg up towards new highs.
However, if 50 breaks, we could see a deeper correction back towards the 45 range, which was significant resistance previously.
Keep your eyes on the volume on these pullbacks.
A healthy pullback should see decreasing volume.
Still looking strong overall, but gotta respect the levels.