by Doug Morrison on Feb 22, 2012
What is interesting about Taseko Mines Ltd (TSX:TKO)?
Taseko Mines Ltd (TSX:TKO) closed at $4.05, up 9.46%, on good volume, for no specific reason. This latest move takes the stock above the key $4.00 level; if it can remain above, there’s little resistance before the $4.50 level but, as it has now gained roughly 60% in less than two months, and 32% from where we featured it as our chart of the day on January 11, it may be prudent to put take some profit here, especially as it now trades up on an RSI of 76.68.
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Taseko Mines Ltd . News
Disclosure
Except for the historical information presented herein, matters discussed in this document contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements.
Ubika Research and www.smallcappower.com (are both divisions of Ubika Corporation), and are not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this report. For making specific investment decisions, readers should seek their own advice. For full disclosure please visit: smallcappower.com/disclosure.aspx
Institutional Sales, Ubika Research
Doug began his investment career in the UK, starting as a financial adviser before moving into equity sales trading with the largest specialist firm on the floor of the New York Stock Exchange.
He concentrated on the US markets before a change of employe
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