Tiffany could run into Resistance Here

Written by MrStockFox. Posted in Trade Ideas

I last commented on Tiffany when I stated that it provided a solid entry back around the $61 level.  Since then the stock has been on a tear hitting $85 up almost 40%.  Although I believe that the company will continue higher in the future, for the next several months TIF could consolidate around this level.  It has significant resistance between 85 and 87.