SAPUTO INC (SAP.TO) TSX - Mar 22, 2013

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).

SAPUTO INC (SAP.TO) TSX - Mar 22, 2013

GREEN - Favoured / Buy Zone
YELLOW - Neutral / Hold Zone
RED - Unfavoured / Sell / Avoid Zone

SAPUTO INC (SAP.TO) TSX - Mar 22, 2013 - Currently in 13th spot in the SIA S&P/TSX 60 Report, Saputo remains up near all-time highs and is now between resistance at $57.22 and support at $46.94. Secondary support is at $43.36.

844_4_20130321_309762_0_0_50798

Back on December 6, 2012, Saputo Inc. (SAP.TO) moved into the favored zone of the SIA S&P/TSX 60 Report this week into the tenth position. Saputo broke through prior resistance to new all time highs, but was likely to meet some short-term resistance at the $50 mark. Further resistance above is found at $57.48. Support is found at $44.43 and below at $39.24.

844_1_20121206_309762_0_0_9865856

844_1_20130321_309762_0_0_3712798

Napkin 13-03-22 9.38.47 AM

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

Total
0
Shares
Previous Article

Why China is Tunneling a Mind-Boggling 800 Miles in 2 Years

Next Article

The Shadows of Cyprus (Visscher)

Related Posts
Subscribe to AdvisorAnalyst.com notifications
Watch. Listen. Read. Raise your average.