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TRE Chart

My friend Mark was asking about TRE. It failed to get support at the 50DMA, but the uptrend is still intact. I’ve annotated the TRE chart analysis. The critical points to watch are the longterm trendline and the fibonacci retracements.



2 Responses to “TRE Chart”


By DLAM on March 10th, 2006 at 12:44 pm

IMHO, TRE is not a good swing trading candidate at this time. There are much more better stocks out there to choose from. But if you’re in for the long term, TRE is always great. My 2 cents.

By doodlebug on March 15th, 2006 at 9:47 am

tre looks to me to be doing a contracting triangle which is a continuation pattern. I’ll look at it when i get home to see for sure and determine target/date.

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