Aecon Group Inc needs to retest $10
The best case scenario for ARE is that it retests support at $10.00 and then makes a move to regain some traction to the upside.
June 21, 2010 | Posted in Infrastructure | Read Article »
Category archives for:
Industrials
Anticipating a bottom on TM
When I look at a chart like this I have to admit that they are not my favorite. The stock isn’t going up, its trading below its 50 and 200 day moving averages and the uptrend is broken.
CAT is back for a trade
CAT looks to be in a good place for a trade from these levels to $65 which would generate a double digit return.
February 17, 2010 | Posted in Construction Equipment | Read Article »
Fewer railroads to consider
If you are going to chase CNR keep in mind that the uptrend is broken and that it is trading below its 50 day moving average.
February 12, 2010 | Posted in Railway | Read Article »
Don’t ignore preservation of capital
EIL has taken some positive steps towards restructuring its affairs by selling assets and cutting costs but what they really need is to sign some new contracts and increase the volume of cash flowing through the company.
January 22, 2010 | Posted in Infrastructure | Read Article »
Run don’t walk away from this one
MTLQQ will wind up worthtless and I think the chart tells the story quite well.
January 4, 2010 | Posted in Automotive | Read Article »
Rail segment a drag
I think that you might want to chip away at this one on pullbacks and build a position. When rail traffic picks up SJ will be in a good position to benefit.
