Replies to post #334 on Teck Resources Ltd (TECK)

[nowwhat2]

Often see this kind of play -

First something goes down thru its' line :






Then, rallies back up TO its' line before selling off FOR REAL




Passage thru the next TL will (could/should) result in confirmation....and
generate a Target of about $ 20 bucks (if not EXACTLY 20 bucks - in this case)



The rally back up TO the line is just Big Moneys' Manipulative Way
of getting the most bang out of its' buck before allowing reality to set in.



Should make for an interesting performance here (seeing whether or not such BS plays out AGAIN)



Current yield = just .66 so if interest rates manage to continue ascending it's almost a certainty