Bought 10% TKR $88.42 Stop @ $82.20 Target $99.89 The Timken Company is a global manufacturer of bearings and power transmission products. Timken operates from 42 countries. TKR should continue to perform well as the world’s economies recover. This is an ascending triangle breakout trade. It attempted a breakout last week after earnings, but faded quickly back to the 20-DMA as the markets weakened late in the week. Despite yesterday’s market performance TKR performed very … read more Trade Alert
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