TRQ, Turquoise Hill Resources update.

trq july 2014 btrq july 17 2014 s

In many respects TRQ, the old Ivanhoe, resembles AA. The big difference is that it has done very little so far. As we have no reason to change our analysis we continue to like this stock’s potential. At the low of $3.20 on the 3d of January 2014, this stock had, just like AA lost 90+% of the peak value and was sitting right on the long-term support line. Perhaps this is what the Fed. means with “psychological trauma”, the new economic term added to the lexicon of Fedspeak, the other day. Click on the graphs and move them side by side to get a greater appreciation of the similarities.