TransUnion (TRU) is a global information and insights company that provides credit reporting and risk management solutions to businesses and consumers. They help businesses make informed decisions and enable consumers to access and manage their credit information.
Recently, the stock of TransUnion has experienced a sell-off after retesting resistance levels. However, it is currently in the process of building a long-term base. This indicates that the stock is consolidating and preparing for a potential upward move in the future.
While the stock shows signs of potential strength, it is important to note that it needs more time to set up. Traders and investors should closely monitor the price action and key technical levels to determine the optimal entry and exit points.
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