S_A

Targa is trading, above the 55 MA..

Long
NYSE:TRGP   Targa Resources, Inc
2
Given the fact that RSI will continue trending TRGA will overcome the Resistance area 56 - 59 and if it does the first target should be the upper trend channel where also a little resistance exists at 61-62, A second and final targe should be > 83 - 93 major resistance.
Trade active: as long as the RSI is trending, I feel safe, I can sense a weakening in momentum, but this will reveal the trends trajectory.. Keeping an eye on SL. Good potential, remainds me of VALE.
Comment: Still retracing, will it hold on the trend line TL? I am willing to take this risk to extend my SL down to 54.x
Comment: Will TRGA retrace from the TL or will we have a BD ... interesting !
Comment: This one is testing my patience.. grrrr

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