MarthaStokesCMT-TechniTrader

TIF: Defying the trend, completing a short-term bottom

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NYSE:TIF   None
Tiffany Company had the highest percentage gain for the S&P500 on Friday, defying the overall stock market rout that day as stocks slumped downward. TIF ran up strongly on a positive earnings report after an at-open minor gap down. The stock has completed the initial phase of a short-term bottom. Looking for an entry to move higher above this resistance, perhaps after some adjustment.



Martha Stokes, CMT
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