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Chart courtesy of www.stockcharts.com
Contrary to expectations, Tetra Tech shares ruled stronjg and also moved closer to the resistance level of 24. Investors may remain invested with a stop-loss at 22.21 (on closing basis) as the stock appears to have the potential to breakout the target zone of 24. So far the technical chart is still showing buy signal with stock trading above 20 day and 50 day moving averages with MACD on top of signal line and K line on top of D line. Let’s keep an eye on it.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
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