TSCO's Relative Strength up
As the lower blue line that joins the lower lows, in the last month or so, TSCO – Tractor Supply Co. – is trending up. This uptrend has already moved TSCO above the descending blue line that acts as a resistance line.
TSCO is currently on the horizontal orange resistance line. At the same time the stock has moved above its 10- day exponential moving average and has just touched the upper Bollinger Band.
In addition, MACD is already moving in a bullish territory above its signal line.
Finally, the stock’s Relative Strength is also moving up and above its 20- day exponential moving average.