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Actionable news in TSCO: Tractor Supply Company,

Tractor Supply on Track for a Tumble


NEW YORK (TheStreet) -- Tractor Supply (TSCO - Get Report) was one of the five weakest stocks in the Nasdaq 100 on Monday. The specialty retailer fell 4.35% with the help of a big jump in trade. This selloff drove shares back below the 200-day moving average, putting it in a very vulnerable position. In the near term, Tractor Supply appears headed lower, possibly for a retest of the September low.

Tractor Supply mounted an impressive rally off its late September low. Last week the stock reclaimed its 200-day moving average but was unable to put any distance on last month's high. Just above the September peak is the very damaging breakdown down gap left...