Category Archives: Stocks

Transcontinental (TC) testing major resistance near $16

TC will not the blow the numbers out of the park on the top line but the company is solid and the dividend of 5.53% is sustainable. I have an intermediate target  (6 months) of $21. Transcontinental weekly chart with intermediate uptrend https://tctranscontinental.com/investors/recent-quarterly-results

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Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2020 TradeOnline.ca InvestOnline.ca

Good entry point for Transcontinental (TCL/A.TO)

Here is the 3-year weekly chart Transcontinental  weekly chart

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Here is the 10-month daily chart Transcontinental daily chart

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Some financial highlights from Q4-2019 Transcontinental financial highlights Link to the quarterly release.

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Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2019 TradeOnline.ca InvestOnline.ca

Evolve Active Canadian Preferred Share Fund (DIVS-T)

Good entry point for this ETF with a yield of 5.17%
Evolve Active Canadian Preferred Share Fund

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Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2019 TradeOnline.ca InvestOnline.ca

A&W Revenue Royalties Income Fund Announces Strong First Quarter 2019 Results

This is a window into the QSR industry in Canada. Same store sales growth was impressive at +10.0% for the quarter.

A&W chart showing a major uptrend.-05-03-A-W-Revenue-Royalties-Income-Fund-Announces-Strong-First-Quarter-2019-Results

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Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

“Technical Analysis is about identifying trends”

© 2019 TradeOnline.ca InvestOnline.ca

Rogers Communications (RCI/B.TO) at major support

Rogers Communications Inc. released Q1 2019 on April 18, 2019. Traders sold-off the stock in reaction to the release. Rogers is now testing the major support zone near the 200-day moving average. Rogers generated substantial cash flow from operating activities of $998 million this quarter, up 13%, and free cash flow of $405 million this quarter, down 8%. I rate the stock a buy and this is a good entry point.

Rogers Communications weekly chart showing major support zone.
Rogers Communications daily chart showing major support zone.

Here is the MD&A for the Q1 2019 release

INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(unaudited)
Three months ended March 31, 2019 and 2018

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Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
“Technical Analysis is about identifying trends”
© 2019 TradeOnline.ca InvestOnline.ca

Breakout for Crescent Point Energy (CPG.TO)

Finally, a breakout for Crescent Point Energy

https://www.crescentpointenergy.com

https://www.crescentpointenergy.com/invest/financial-reports

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Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
“Technical Analysis is about identifying trends”
© 2019 TradeOnline.ca InvestOnline.ca

Breakout for Corus Entertainment after Q2 2019 release

Corus Entertainment chart

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“Technical Analysis is about identifying trends”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2019 TradeOnline.ca InvestOnline.ca

Mullen Group (MTL.TO) at major support

Mullen Group stock price at major support

Link to the financial reports.

2018 Annual Financial Report

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Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2019 TradeOnline.ca InvestOnline.ca