TRI is showing a classic Rounding Bottom. Don't miss the move.
Gradual reversal from bearish to bullish.
Bearish continuation if preceding move was down.
Technical analysis of Thomson Reuters (TRI) reveals a significant setup. The stock is trading at $87.98, up 0.63% on the day. Price action has carved out a classic Bearish Flag. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $82.0, targeting $36.9 with support near $91.16 (R:R 4.92).
What is your outlook on TRI?