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TRP forms Lower Bollinger Band Walk on August 6
On Thursday, August 6th, TRP moved up 0.05% while volume increased to 1.5× the usual levels. Lower Bollinger Band Walk was spotted, which could indicate a shift in momentum. Key support levels exist at 63.32, 62.75 & 62.06, with resistance at 64.58, 65.27 & 65.84. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of TRP: C
There’s more where that came from. See all of today’s signals for TRP here.
Read full article here »