The Traderszone Network

Published in TZ Latest News 28 August, 2014 by The TZ Newswire Staff

Trinity Industries Holds Near High, Above Buy Point

Trinity Industries (TRN), a maker of railcars, barges and other transportation equipment, is holding above a secondary buy point after easing off Monday’s all-time high. The stock initially cleared the 46.39 buy point of a four-weeks-tight pattern July 30 but reversed course and slid more than 8% below the entry in early August, triggering a sell signal. But it retook the buy point Aug.

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