Channel Breakers, Weekly: For the Week Ending August 9, 2019

Our <strong>Channel Breakers Weekly</strong> report features all of the Canadian stocks that broke above or broke below their respective price-channels, using weekly closing prices. We stress that these charts are based on weekly closing prices and, therefore, are appropriate for use by intermediate-term investors. Our report is prepared courtesy of the technical charts of  theUpTrend.com .

There were 11 stocks that broke above their weekly price channels with Positive Momentum, and there were 19 stocks with Negative Momentum that declined below their price channels.

You can access a company chart by clicking on the company’s name.

INTERMEDIATE-TERM SIGNALS

BUY STOCKS

ACOx.TO ATCO Group of Co Positive Momentum  $        45.30
AI.TO Atrium Mortgage Positive Momentum  $        13.90
ATZ.TO Aritzia Positive Momentum  $        18.10
CAR_u.TO Can Apartment Positive Momentum  $        50.40
DCa.TO Dundee Corp Positive Momentum  $          1.03
ENGH.TO Enghouse Systems Positive Momentum  $        36.36
L.TO Loblaw Positive Momentum  $        70.51
SAP.TO Saputo Group Positive Momentum  $        42.06
SCL.TO Shawcor Positive Momentum  $        18.36
VFF.TO Village Farms Positive Momentum  $        17.80
ZZZ.TO Sleep Country Positive Momentum  $        19.99

SELL/SHORT STOCKS

AAV.TO Advantage Oil & Negative Momentum  $          1.64
AIM.TO Aimia Negative Momentum  $          3.24
ATA.TO ATS Automation Negative Momentum  $        20.00
BPF_u.TO Boston Pizza Negative Momentum  $        17.27
CCLb.TO CCL Industries Negative Momentum  $        60.09
CF.TO Canaccord Financ Negative Momentum  $          5.30
CHP_u.TO Choice Propertie Negative Momentum  $        13.59
CTCa.TO Canadian Tire Negative Momentum  $      136.90
CVE.TO Cenovus Energy Negative Momentum  $        11.28
DOO.TO BRP Negative Momentum  $        42.35
GC.TO Great Canadian G Negative Momentum  $        41.99
GIL.TO Gildan Activewea Negative Momentum  $        49.39
HDI.TO Hardwoods Distri Negative Momentum  $        12.31
IVN.TO Ivanhoe Mines Negative Momentum  $          3.72
MRE.TO Martinrea Negative Momentum  $        10.01
NMX.TO Nemaska Lithium Negative Momentum  $          0.27
OSB.TO Norbord Negative Momentum  $        28.68
RCIb.TO Rogers Communica Negative Momentum  $        68.28
TD.TO TD Bank Negative Momentum  $        74.68
About Bob Weir 3242 Articles
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).