Wednesday 11 April 2012

TCK - another wave lower imminent?

TCK is not a company I follow that much, but it does get mentioned occasionally by those I know.

TCK, daily


From a MACD cycle perspective, TCK is due to go negative cycle tomorrow. That would certainly suggest a move below the 33.74.

Immediate downside targets would be in the 32 to 31 zone.
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