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What The Charts Say – Norbord

We published on Norbord Inc. on July 23, 2016 ($30.98), to report that a move above $29-30 would signal a breakout and higher targets. Soon thereafter, the stock broke above the top of the trading range (dashed lines) and has been in an up-trend above its rising...

What the Charts Say – Avigilon

Avigilon declined from $34.50 to $11.20 (A-B) and then settled into a bullish technical pattern known as an Inverse Head-and-Shoulder (solid lines). The recent rise above the neckline of this formation (dotted line) signalled the breakout and the start of a new up-leg...

What the Charts Say – Bullish on Pembina Pipeline

Pembina Pipeline had a major decline from $53.04 to $26.05 (A-B). In early-2016 it rallied toward ±$44 and then stayed in a horizontal trading range mostly between $39 and $44. This price action produced a bullish technical pattern known as a V-Extended (dashed...

What the Charts Say- Bullish on KBR Inc.

KBR Inc. declined from $36.70 to $14.00 (A-B), and settled in a horizontal trading range mostly between $16 and $20, followed by another range between $13 and $18 (dashed lines). This price action produced a bullish technical pattern called a Delayed Ending. The...