BCE not keeping on pace with competitors
Clearly the market is reacting as it should to BCE’s performance by avoiding the temptation to buy the runt of the litter.
Clearly the market is reacting as it should to BCE’s performance by avoiding the temptation to buy the runt of the litter.
At this point you are best to trade the range until WIN breaks through the resistance at $3.10 and returns to an uptrend.
At that point the question becomes will a suitor surface that sees MTB as the belle of the ball that they want to take to the altar?
At this point it appears that ENA has gotten ahead of itself and needs to consolidate its recent advance before it can break above resistance at $0.65.
If you got in on the run from the late 2008 lows then think about taking some profits. They aren’t always available. If you are thinking of entering at this point you might want to see if it retests the $9.50 low of March 12.
All the good fundamental parameters aren’t moving the stock higher. In these cases I always like to remind myself that the best time to buy a stock is when its going up.
Globalive has spent over $400M to buy wireless spectrum from Ottawa and now owns some very valuable digital real estate.