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).
CANADIAN NATIONAL RAILWAY CO (CNR.TO) TSX - Feb 12, 2013
GREEN - Favoured / Buy Zone
YELLOW - Neutral / Hold Zone
RED - Unfavoured / Sell / Avoid Zone
CANADIAN NATIONAL RAILWAY CO (CNR.TO) TSX - Feb 12, 2013
Currently in the 12th spot in the SIA S&P/TSX 60 Report, Canadian National Railway (CNR.TO) is closing in on its resistance level in the $100 area. A move above then sees $105.52 as the next potential resistance area. Support is now at $90.06 and again at $83.20.
*** - Although CNR.TO moved down into the Neutral zone for parts of November 2012 it did not hit our technical stops and continued to remain a valid holding.
CNR.TO just moved into the favored zone of the SIA S&P/TSX 60 Report on May 6, 2011. Having broken out to new highs, support is at $68.23 and 63.04.
***Other recent new adds include T.TO, BAM.A.TO, TD.TO.
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