TRQ, Turquoise Hill Resources (former Ivanhoe)

We bailed out of this stock with a nice profit back in August because it was not following the script. In the mean time things are clearing up at much lower levels.

trq dec 4 2013

All the action since is in a triangle 4th wave. It measures to an ultimate level of about $3, or even a little below that, say $2.75 Remember that this stock comes from almost $30. It should be a screaming buy at that level.