Comment on Has upside potential. Sector: Materials

Texas Industries appears on the verge of a new up-leg. Texas Industries declined from .35 to .58 (A-B), had a recovery rally to .72 (C) and then settled in a wide horizontal trading range mostly between .50 and .00 (dashed lines). Price action over the past five months has been above the rising 40-week Moving Average (40wMA). A rise above -49 would confirm the breakout and the start of a new major up-leg. Technical indicators including the rising 40wMA and the MACD (lower

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