Buy Terex Cp (TEX) | NYSE | Technical chart | 19-Apr-2012

 Below is the technical chart of Terex Cp, listed on NYSE, using Ichimoku indicator.










In the last trading session, the stock price closed above kumo once again. The Chikou-Span (CS) line is already trading above kijun-sen line and kumo. Thus, one can safely say, it’s a bullish breakout signal @24.85. The resistance will be at 26.35 – 27 and major support is at 19.52

READ  Bullish Kumo Breakout on IBM Technical Chart | NYSE | 29-June-2011

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