US Stock In Play: $TPX (Tempur Sealy International Inc)

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SGI traded to a new all time high of $39.40, closing the session at lower at $38.51 as major U.S. Indexes were flat in overnight trading with investors awaiting for the outcome of the U.S. Federal Reserve’s two-day policy meeting in the later trading session.

The overall gain achieved for SGI in this month of March has exceeded +15%, with price action treading up tightly within a consolidated trend channel. The immediate support for a convincing breakdown of this price channel is at $36.00.

SGI together with its subsidiaries, develops, manufactures, markets, and distributes bedding products in the United States, Canada, and internationally.

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