TCK.B Teck Cominco update.

tck.b sept 14 2016

Teck has been one of our best calls despite the fact that we expected a bigger pull-back in wave 2. Otherwise the target has always been around $26 for a variety of reasons that can be found in previous blogs. Given the very clear equal legs up we would not wait for this level to materialize and would simple sell now for a gain of at least 400/500% for anyone that continued to hold this stock from the low of about $4 as anticipated in earlier blogs.

     At this point we are not at all sure what the count is from the bottom or if it is actually a new bull market, so, when in doubt get out.