Terreno Realty Corporation ( $TRNO ) – stock is trading around 50 dollars and offering a possible buying price between $50.05 – $52.55. Let’s look at the stocks technical actions using a weekly chart.
2. The stock broke out from a consolidation back in April.
3. The stock had a quick run.
4. Then the stock consolidated for few weeks.
5. The stock broke out again on a decent volume.
6. Then stock had a nice and solid run.
7. Then then stock held steady and consolidated during this volatile time.
8. The stock also found support at the 50 day moving average line throught this run.
9. The accumulation volume also ran higher.
10. The stock is offering possible buying price between $50.05 – $52.55, with a stop loss at $46.05.
