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Traxion Sab De Cv Ord Shs GRPOF

Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support services; Warehousing, including dedicated storage, shared warehouses, packing and value-added services, such as labeling and products assembly; Logistics systems, including software for logistics management; Passenger transportation, including transportation of personnel and students; Special services, including rental of bus and vans; Moving, including national and international moving services, and Advertising, including custom transportation services during marketing campaigns. The Company operates through a number of group companies.


PINL:GRPOF - Post by User

Post by Cretanboyon Feb 08, 2019 10:47pm
154 Views
Post# 29341161

Charts matter

Charts matterFirst let me begin by saying I am definitely not some master technical guru. I trade long term and short term. My short term trading revolves around finding bottoms and short term reversals. Tetra was one of my long term investments. I have traded lots of smaller bios in the past  ( been burned lots ) when small bios come out with delays or anything the market views as negative expect a 40 % minimum drop when the news came out and we saw 25% drop I automatically thought we would see a  reversal. The drop wasn’t deep enough to make me think that the market was giving up on tetra. Also if you can read a chart the bounce off that .72 was intact with resistance becoming Support I do believe the panic selling is gone and we will drift for a while. Gl
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