SIA Charts Daily Stock Report (siacharts.com)
The SIA Daily Stock Report utilizes a proven strategy of uncovering outperforming and underperforming stocks from our marquee equity reports; the S&P/TSX 60, S&P/TSX Completion and S&P/TSX Small cap We overlay these powerful reports with our extensive knowledge of point and figure and candlestick chart signals, along with other western-style technical indicators to identity stocks as they breakout or breakdown. In doing so we provide our Elite-Pro Subscribers with truly independent coverage of the Canadian stock market with specific buy and sell trigger points.
Note: Subscribers can screen all Canadian and U.S. stocks and mutual funds, or as components of equally weighted mutual fund sectors indices (e.g. Income Trusts, Precious Metals), and fund groups by issuer (eg. AGF, Dynamic, Franklin Templeton), all Canadian ETFs, ETF Families by issuer (iShares, Horizons, BMO) or as components of Equally Weighted ETF Sector Indices (e.g. 2020+ Target date, Cdn Equity Lg Cap), and create and monitor their own, or SIA's existing model portfolios. Finally, subscribers benefit from being able to generate BUY-WATCH-SELL Signals on demand with SIA Charts proprietary Favoured/Neutral/Unfavoured, SMAX scoring algorithm (see green-yellow-red graph 1 below).
WESTJET AIRLINES LTD (WJA.TO) TSX - Jan 29, 2013
GREEN - Favoured / Buy Zone
YELLOW - Neutral / Hold Zone
RED - Unfavoured / Sell / Avoid Zone
WESTJET AIRLINES LTD (WJA.TO) TSX - Jan 29, 2013
As of one month ago, Westjet Airlines (WJA.TO) continues to be a strong performer, has been all 2012, and has been near the top of many SIA Canadian Equity Reports moving into the favored zones in April in the $14 range. Currently up against resistance at $20.20. a level in 2002 that it failed to move above. Should it break through. $22.75 is the next challenge which is the all-time high from Januray of 2012. To the downside, support can be found above $18.30 and $16.57. The SMAX score is a 10 out of 10.
As of January 28, 2013, it is up an additional 12% since we last looked a month ago, West Jet Airlines (WJA.TO) is now up against the resistance all time high from hack in January 2008. Continued strength up through this level gives West Jet room to possibly move up to the next potential target resistance level in the $25 area. Support is now at $20.53 and below that at $18.59.
Important Disclaimer
SIACharts.com specifically represents that it does not give investment advice or advocate the purchase or sale of any security or investment. None of the information contained in this website or document constitutes an offer to sell or the solicitation of an offer to buy any security or other investment or an offer to provide investment services of any kind. Neither SIACharts.com (FundCharts Inc.) nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon.
Copyright © siacharts.com
