Archive for: July, 2010

Agrium Inc. in a period of seasonal strength

The shares of AGU are doing what you would like them to do an over the next six months you will have the opportunity to make a profit. From here it looks like a run to $75.00 before you hit resistance.

Zarlink Semiconductors Could Run to $2.50

If ZL can breakthrough $1.95 convincingly it will have an easy run to $2.50 where it will meet much stronger resistance.

Royal Dutch Shell – nice dividend but range bound

The best outcome for RDS is for a steady rise in the price of oil and natural gas.

Bennett Environmental Inc. shredding value

This stock needs to break above $2.40 and build a base at that level to drive a stake in the heart of the sell off that has been sucking the life’s blood out of it.

Imperial Oil Ltd. is range bound

Having said all these wonderful things about a bright and prosperous future the charts tell the story of a range bound stock that needs higher prices for its production to generate gains for shareholders.

Vermilion Energy Trust faces resistance at $36.00

Honestly if VET.UN could settle into a trading range between $36.00 and $33.00 there would be nothing whatsoever wrong with that.

Kinross needs to re-test $16.00

At this point I would say we need to re-test $16.00 to get the stock out from under the selling pressure its been under.

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