Simple Trading THO – As of 21 May 2015 Close

THO W As of 21 May 2015 Close

Current Trend (W): UP

Abv/Below Value Zone: Above

Next Scheduled Report Date: 1 June 2015

52 Week High: $64.65

52 Week Low: $49.03

Current Relevant Resistance: $64.71

Current Relevant Support: $59.03

Recent Close: $62.61

Comment: Thor Industries, Inc. looks ready to stage a muscled assault on the all time high at $64.71.  Drop down a time frame for high quality long setups.  Said setups can be taken as long as price stays above $59.  If you really like the idea, feel free to reduce trade size and take long entries unless price breaks down through the rising trendline (currently around $56).

KIS,

The Trader

 

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