Stock Chart Analysis TK
Teekay Corporation (Public, NYSE:TK)
TK may still have some work to do before it is ready to move out, but it looks like it is bouncing off a clearly defined support level. This looks like a good place to initiate a starter position for those that like to scale in. It will probably struggle a bit as it hits the 50 sma in the 58's but we may of seen the low in late June.
Good Trading,
Joey
for more analysis, check out downtowntrader.com
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