Description: TR is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position. Stats: 1. Ideal buy range: $33.5 - $34.5 2. Take profit: $38.59 3. Stop Loss: $32.63 4. Risk To Reward: 1 / 5 5. Accuracy Rating: 80%
If TR bounced back and shows resistance at the 50DMA there may be a short swing position to enter. Been resistance for this stock since the beginning of July. If this breaks above the 50DMA I would hold off on taking a long position because the stock was still on a downtrend when it broke through in May and June. Possible to take a short position if it shows a...
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let us get into my opinion. TR currently has more sell calls, but lots of analyst are still bullish on its price correlation. It is one of these stable growing stocks. However, a small bearish correlation looks imminent. That is why I...
Interesting Bull Flag breakout on the weekly chart. Keep an eye on this one; when we find a bottom it should be a nice long hold "if" the pattern breakout continues.
TR showing iHnS on the daily, high short interest (24%!), 50% insider ownership, 39 days to cover shorts.
TR is in a triangular consolidation. Could hit the upside of the uptrend channel at the 44.
Melvin Gordon, CEO, Tootsie Roll Passes. An inspiring story of guarding your company and guiding it well. This particular industry is one of the most passionate and historic in our US history.