Christmas 2010
MERRY CHRISTMAS TO ALL!!
At this point you want to trade the stock in the range for income and watch for breaks above resistance or below support.
Currently the stock is more of a trade than a hold so make sure your investor profile can profit from the opportunity.
Currently the RSI is signalling an overbought situation and the MACD is turning lower. At this point it looks like TCK.B is going to pull back but nothing as yet is suggesting that the uptrend is broken.
There isn’t much in the data stream that would suggest that the company is on the verge of a business breakthrough that will get it on a sustained uptrend.
Hi Lou, What is your view for Shaw Comm (sjr.b). Thanks Monty Richmondhill,Ont Hi Monty, Shaw Communications Inc. ( SJR.B TSX) has been dealing with competitive pressures in the cable and telecommunications sector that has seen new entrants come into the market and renewed vigor from existing carriers.In addition the company has to integrate the television assets it acquired [...]
Best plan from here – take the tax loss. If you really like the story put this one on your watch list and look for a trend reversal. The best time to buy a stock – is when its going up.