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Analysis: #NYSE $TECK
Case 280 #Teck_Resources Limited
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#TECK 1/3
Case 280 #Teck_Resources Limited
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#TECK 1/3
Chart 1
Weekly Chart: Price is revisiting the lows seen in 2016, the Fib 0.886 has contained the move down and price currently trades above the #Fib 0.786 at 8.60. Formidable #resistances appear at 12.90 (#pivot) then 13.34/44 (Fib 0.618 and #trendline) and 14.38/94.
TECK 2/3
Weekly Chart: Price is revisiting the lows seen in 2016, the Fib 0.886 has contained the move down and price currently trades above the #Fib 0.786 at 8.60. Formidable #resistances appear at 12.90 (#pivot) then 13.34/44 (Fib 0.618 and #trendline) and 14.38/94.
TECK 2/3
