MON 12/12: TECK – A Break of the 50 DMA Would be a SELL SIGNAL

12:17 PM – Posted a sharp sell-off on Thursday along with the broader market. Did hold the 50 DMA yet as of this afternoon remains under the 10 DMA ($600.10) and is possibly developing a downtrend. A break of the 50 DMA, currently at $554.78 would be an overdue 1st SELL SIGNAL.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.