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CoryMitchell-CMT
Mar 16, 2018 12:52 AM

Watch for Breakout in TBL.TO 

TAIGA BUILDING PRODUCTS INCTSX

Description

Watch for a breakout from this triangle pattern after a strong rally in 2017.

Technical target between $1.85 and $1.95 if the upside breakout occurs.

Company has always traded quite cheaply in terms of P/E as it carries a lot of debt. So mostly this is a technical play, if it can break out again to the upside.

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