The Jan 21 chart is on the left , today’s on the right. It is down 30%. Just as with the TSE, this one could just keep dropping or pause for a month or so and then continue down. In the end it should go below $6.
It is not clear how this stock counts. It has already gone further than we would have thought and now that it is at the upper boundary , we think it is a sell more than a buy.
Thomson Reuters has a long way to go to get to the $15level. For the moment it looks like we are doing a wave 4, even if the degree is not perfectly clear. The charts on the left is from a month ago. The company is proposing changes in its organizational structure today.