TRQ Analysis

Needs to break above .85 to see higher highs, in the short term. Above this level could see .89, .94, and even a gap fill. However, Rio Tinto, the majority stakeholder in the Turquoise Hill, has had terrible news this year and even a CEO that recently stepped down, which is something to be wary. However, TRQ is seeking funding from RIO and if granted, this could save the company $1.4b in funding, which is why I'm keeping an eye on it.