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CoryMitchell-CMT
May 8, 2018 2:14 AM

TECK.B Upswing Trade Long

TECK RESOURCES LIMITEDTSX

Description

Strong uptrend, with price recently pulling back. Recent consolidation breakout to upside signaling the next up move could be underway. Decent reward:risk, even using the lower of the two targets. The higher target, or a trailing stop loss, will be used if the price rallies aggressively in the next several sessions. If it is meandering or slow, will get out at the lower target.

Disclosure: long
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