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TransAlta Corporation (USA) Enters Oversold Territory

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TransAlta Corporation (USA)’s (TAC - Free Report) share price has entered into oversold territory with an RSI value of 29.04. The Zacks Consensus Estimate on TransAlta Corporation (USA)’s earnings for the full year period have moved higher by 1 cent over the past two months to $0.73 per share. Currently, TransAlta Corporation (USA) is a Zacks #2 Rank (“Buy”), suggesting that now might be a good time to get in on (TAC - Free Report) after its recent drop.

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