Base metals producer TCK’s fortune is based on how well commodity prices perform, particularly coal and copper. Since the recent market correction, TCK is well of its 52 week high of $41.45, trading at $32.37. Since mid January, TCK has been trending down. A stronger U.S. dollar, European woes and fears of slowing Chinese demand are dragging down the stock price. Resistance for TCK are its 50 day moving average at $36.50 and its 52 week high. Key support levels are $28 and $26, its 200 day moving average. Short term, the stock looks oversold. A good entry point to establish a long position would be near its 200 day moving average.