Thornburg Mortg upgarded
Thursday, October 18, 2007
Shares of TMA Thornburg Mortg are acting very well early in the morning after Keefe Bruyette upgrade stock to Market Perform from Underperform. Looking at the technical chart, we can see that stock have being under pressure since the beginning of August after the big sell-off. Presently stock is demonstrating some signs of rebound, however they are not being efficient to push share price up, so today news could bring some fresh air and give a good tone for Bulls to start buying stock, let's see which will be the tone. Resistance at $11,25 and support at $7.50.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.
Labels: TMA
