Transcontinental (TC) testing major resistance near $16

TC will not the blow the numbers out of the park on the top line but the company is solid and the dividend of 5.53% is sustainable. I have an intermediate target  (6 months) of $21. Transcontinental weekly chart with intermediate uptrend https://tctranscontinental.com/investors/recent-quarterly-results

_____________________________

Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2020 TradeOnline.ca InvestOnline.ca

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.