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$TTEK | How to Take Advantage of moves in ($TTEK) (TTEK)

By Thomas Kee

$TTEK | How to Take Advantage of moves in ($TTEK) (TTEK)

The technical summary data tells us to buy TTEK near 48.83 with an upside target of 51.3. This data also tells us to set a stop loss @ 48.69 to protect against excessive loss in case the stock begins to move against the trade. 48.83 is the first level of support below 49.23 , and by rule, any test of support is a buy signal. In this case, support 48.83 is being tested, a buy signal would exist.

The technical summary data is suggesting a short of TTEK as it gets near 51.3 with a downside target of 48.83. We should have a stop loss in place at 51.45though. 51.3 is the first level of resistance above 49.23, and by rule, any test of resistance is a short signal. In this case, if resistance 51.3 is being tested, a short signal would exist.

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