Bullish Case: Teck Resources: deepened copper and gold exploration in Kazakhstan, recent institutional buying, and advancing copper-focused growth align with robust demand, underscoring upside potential.


Bearish Case: Operational challenges, lowered output guidance, Morgan Stanley's target price cut, and considerable institutional sell-off signal risk, despite industry-average growth forecasts.


Potential Outcomes:

1. Successful QB2 and copper demand growth (40% probability),

2. Further operational delays, impacting guidance and investor sentiment (30% probability),

3. Takeover developments (30% probability).


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April 13, 2024


Teck Resources Forecast

TECK        Teck Resources
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






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AR Forecast + Options Trading Strategies   [AR]  Antero Resources (0.0)


SU Forecast + Options Trading Strategies   [SU]  Suncor Energy (-0.0)


VTI Forecast + Options Trading Strategies   [VTI]  Vanguard Total Stock Market (0.0)


GDDY Forecast + Options Trading Strategies   [GDDY]  Godaddy (0.0)


TREX Forecast + Options Trading Strategies   [TREX]  TREX Co. (0.0)



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TDS Forecast + Options Trading Strategies   [TDS]  Telephone And Data Systems (-0.53)


HDSN Forecast + Options Trading Strategies   [HDSN]  Hudson Technologies (-0.54)


IONS Forecast + Options Trading Strategies   [IONS]  Ionis Pharmaceuticals (-0.54)


IGV Forecast + Options Trading Strategies   [IGV]  BlackRock Institutional Trust Company N.A. - iShares Expanded Tech-Software Sector (-0.55)


JDST Forecast + Options Trading Strategies   [JDST]  Direxion Daily Junior Gold Miners Index Be (-0.57)





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