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Is TM lining up for a decline? Slingshot Bearish shows up after sliding 0.8%
TM finished lower by 0.8% on Thursday, June 25th, trading 0.2 times its typical volume. Slingshot Bearish — typically a warning sign for traders — developed during the session. Key support levels exist at 165.5, 164.57 & 163.02, with resistance at 167.98, 169.53 & 170.46. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of TM: F
There’s more where that came from. See all of today’s signals for TM here.
Read full article here »