Harrison Watt of Shaw and Partners thinks it has got way over the top of FV. Harrison thinks TCL should be benched, see below Transurban (TCL) Chart: Share price over the year
Technically, the toll road operator has begun a downtrend and my next target is below $10. I believe the market has underestimated the pace at which interests rates will rise. I’m on the sidelines for now.
TCL Price at posting:
$12.31 Sentiment: Sell Disclosure: Not Held
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