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Is TRC lining up for a decline? Lower Bollinger Band Walk shows up after sliding 0.73%
TRC closed down 0.73% on Thursday, July 23rd, with volume running 0.4× below average. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 17.59, 17.47 & 17.3, with resistance at 17.88, 18.05 & 18.17. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of TRC: D
Just a sneak peek — check SwingTradeBot.com for the full story on TRC.
Read full article here »