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


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.

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