Stock Chart Analysis TSO

Posted by downtowntrader | 7/15/2007 06:47:00 PM | 0 comments »

Stock Chart Analysis TSO

Tesoro Corporation (Public, NYSE:TSO)

TSO looks like it may be double topping. It looks like a test of the support level shown in green is coming soon and if it pushes through that level there could be a quick drop. This has been a strong stock in a strong sector for months now, and this could just be a buyable dip, but RSI and OBV sure look weak.

Good Trading,


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