WitchDoctor
Long

Tsakos to trade higher

NYSE:TNP   TSAKOS ENERGY NAVIGATION LTD
75 0 0
A base has been forming since 2011, but the buyers
currently have the upper hand after successfully
breaking the long-term down trend ling. The bulls
can maintain momentum by constraining prices within
the small upward channel developing on the longer
time frame. Consider a pullback to up trend line as
an opportunity to buy with limited risk. Near term target
aims to push this stock toward $10, which found the
sellers in the beginning of 2012.
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