by Ron Meisels | Feb 2, 2018 | News, Press
Intact Financial Corp. rallied from $56.35 to $95.77 (A-B) and then traded in a mostly horizontal trend, without rising above $96-$98 for the subsequent two and a half years (dashed line). The rise above this level signalled a breakout, renewed investor interest and...
by Ron Meisels | Jan 26, 2018 | News, Press
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...
by Ron Meisels | Jan 19, 2018 | News, Press
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...
by Ron Meisels | Jan 5, 2018 | News, Press
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...
by Ron Meisels | Dec 8, 2017 | News, Press
Industrial Alliance Insurance and Financial Services Inc. traded below a falling trend-line for about two years (solid line). In 2016, the stock had a sharp rise to $58.05 (A) and then settled in a horizontal trading range mostly between $52 and $59 (dashed lines)....
by Ron Meisels | Nov 24, 2017 | News, Press
Finning International Inc. was in a down-trend as it declined from $34.34 to $16.37 (A-B) below its falling 40-week Moving Average (40wMA). It rallied above its average in 2016 to signal the start of a new up-leg (B-C). Subsequently, Finning settled in a trading range...
