If the formation breaks down the support trend line and goes under the sma200 it will become very bearish
agriculture, trucking, commercial tires, food production, hogs, cattle. Bullish on Merica. Accumulating shares after an S&P pullback, long cattle futures, soy, corn, wheat, oil.
We can see that TA has tested and maintained a strong support line. I see a great swing trade.
TA has been consolidating in a loose base after a ~200% move in May/June. Broke out and came back to retest on low volume. Looks to be moving higher into earnings. The volume isn't impressive but taking a chance on it. Like the look. Long
$TA looks to have bottomed after rallying on the news of a new CEO being appointed. TravelCenters of America (NASDAQ:TA) appointed Jonathan Pertchik to be the company's CEO and managing director to succeed Andrew Rebholz. Pertchik has served as an executive for companies owned or controlled by private equity groups, including Starwood Capital Group, TPG, Carl...
TA only, long term trade - look at this company for +/- related to accommodating Electric/ Autonomous/ AI trucking needs
TA formed very nice fallen angel formation. It went up very nicely crossing above its EMA lines, and we think it has more upward potential to go to $4.30 or higher. * Trade Criteria * Date First Found- June 28, 2017 Pattern/Why- Possible day trade type setup Entry Target Criteria- Break of current price Exit Target Criteria- $4.27 Stop Loss Criteria- $3.88...
Yesterday's bullish engulfing candle did not confirm today. $TA opened higher but did not trade higher. Trading within a channel may have to wait for earnings for the breakout f channel. On my watch list with alerts set
I was in this one with some calls recently. Looking to get back in with stocks this time. It's a nice slow mover. It just did a retest. Some decent support just underneath.
OVERSOLD BOUNCE ON SUPPORT LOOKING TO HIT $8 - ALMOST 20% PRICE MOVEMENT - TIGHT STOP GOTTA LOVE PENNY STOCKS SOMETIMES