Articles tagged with TSCO

It wasn't too long ago that I pointed out a key overhead price resistance on Tractor Supply Company (TSCO) at 207. We needed to see a breakout as we can't assume a breakout will happen. TSCO did later breakout above that key resistance. During bullish patterns, many times breakouts are required to confirm those bullish patterns. Yelp, Inc. (YELP) is a company that currently resides on our Strong Earnings ChartList (SECL). It's printed a gorgeous cup and it appears the beginning of a handle may be forming:...keep reading

Right now, the stock market can't seem to make up its mind whether to continue its recent downtrend, or to reverse at a key support area. As long as this continues, trading breakouts and breakdowns are both rather frustrating. But there is an alternative. I'm seeing many stocks simply trading in a range, repeatedly bouncing off support and failing at resistance....keep reading

We've been mired in a bear market throughout 2022, but that doesn't mean we shouldn't be doing our homework, preparing for a reversal in key stocks, industry groups, sectors, and major indices. Many stocks are consolidating, failing to break above key price resistance levels. Tractor Supply Co (TSCO) was featured approximately three months ago here in the EB Digest and it remains in a multi-month consolidation pattern with a trading range from 182-207. Check this out:...keep reading

Tractor Supply Company (TSCO) has been one of the best-performing specialty retailers ($DJUSRS) of 2022. TSCO has been trending higher on a relative basis since November 2021. While price action has been moving lower, TSCO has seen its AD line rising, especially over the past 2-3 months. Given this relative strength, I believe Wall Street has been accumulating the stock:...keep reading