Buy Terex Cp (TEX) | NYSE | Technical chart | 19-Apr-2012

Below is the technical chart of Terex Cp, listed on NYSE, using Ichimoku indicator.

In the last trading session, the stock price closed above kumo once again. The Chikou-Span (CS) line is already trading above kijun-sen line and kumo. Thus, one can safely say, it’s a bullish breakout signal @24.85. The resistance will be at 26.35 – 27 and major support is at 19.52