4 consecutive higher highs
4 consecutive higher lows
all since June 2022
I like the look of this one
and I believe in the company too (Canadian Lumber)
4 consecutive higher lows
all since June 2022
I like the look of this one
and I believe in the company too (Canadian Lumber)
Nota
It has hit 7.10, which is as low as I thought it would go. NOW, I am waiting for a sign of reversal so I can be on the Right Side of the VNota
It rose 3% today, but I do believe it could churn more. I'll put a limit order in at 7.10 and wait to see if it gets filled.If we hit 7.50 before we retrace back to 7.10, I might change it to a market order because I'll be more sure it's bouncing.
Nota
I do NOT like the look of this anymore.I'm glad I waited for the bounce, which never materialized, and now we have broken down below the channel.
* Canadian Dollar weakening because Bank of Canada decreased Rate 0.25% and USA did not
* Honestly the restructure / collapse of Chesswood ($CHW.TO) has soured me a bit on these Canadian small-midcaps.
Nota
I want to see resistance and reversal at 6.44 before I get involvedPubblicazioni correlate
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.