For the people who like to play in metals, TECK is a Mines & Minerals company out of British Columbia. It got dinged earlier in June due to the politics of the infrastructure bill and that it almost fell apart. TECK has slowly recovered to form a nice flag and had an impressive intraday run on Friday, exiting the week with a hammer candle. It has room to move....
TECK giving us a half decent buy signal. This thing could sink lower but since the risk is next to nothing its worth a shot here at this price. Stoploss below white line, take profits at the colored lines above. TECK is a mineral and metal mining, manufacturing business who didn't finish 2020 all too well. Keep in mind this ticker is nearly at the top of a...
Hello! Friends, This would be a great short Opportunity, IF NYSE:TECK breaks down the Daily Support line at $21.36 (with a whole DAILY Candle) !!
TECK RESOURCES (TECK) Trim some profits $TECK 24s TL resistance from buys at 15s then 7s adds, chart to follow
It took me 2 hours to review 5 charts with this method of analysis. That is obviously not efficient enough, but I was really pleased with the way my ideas continually flowed into one another until I came up with a "solution". Have I created order out of this chaos? Probably not, but this is what I came up with and I'm really excited to see if it plays out....
In my last post I was simply marking points on a chart. In this post I'm kind of trying to trade it. Yes, I am holding a long position in this stock at the moment, so my bias is to the upside. With that I am taking not of the floor turned ceiling as the biggest point of inflection on the chart. I'd really like to see that get broken and some follow through from...
UPTREND As you see passing of levels is so important and after each one you can enter or add your positions .It is going toward descending trend line and after breaking out of that it could be reliable uptrend . Good luck .
NYSE:TECK eyeing for a breakout after a decline from 2011. Long after breakout, watch weakly candle for confirmation.
Uptrend A good bullish candle after a pullback
TECK breaking out of a decade long decline into an improving Macro backdrop. - AUS coal unable to reach Chinese mkt - Base metal demand side ramp into 2022 off fiscal support - Supportive monetary stimulus backdrop, obviously