Category archives for: Industrials

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.

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.

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.

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.

Run don’t walk away from this one

MTLQQ will wind up worthtless and I think the chart tells the story quite well.

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.

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