BATS:TPC   TUTOR PERINI CORP
208 2 0
Tutor is setting up nicely after breaking out from an inverse H&S bottom. Good entry on a pullback to $13. Potential resistance levels seen on chart. Risk management says stop if a break of the middle of the previous range is broken. I'd set it to follow just below the 50 DMA as it's curling up which should help stall a downward move and give time for re-evaluation if needed.
alexp
4 years ago
I wonder how anyone could ever see something from the chart such overloaded with indicators
Reply
Just a preference. I suppose for some it's jumbled. But if you look at the carved out sections, it breaks it into manageable pieces. As for indicators, I like 3 to confirm the direction I'm seeing in price action. MA's are the triggers, RSI and MACD for momentum, and TRIX for overall direction strength. Money flow helps counter flaws in volume analysis.

Fib's give the horizontal levels, trend lines show direction and breakout potential. Black trend lines are for target levels. Hope that helps explain the madness you see in the chart.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out