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Strategies & Market Trends : Underexposed Canadian Stocks

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To: Underexposed who wrote (49)6/16/2018 8:44:07 PM
From: Underexposed  Read Replies (2) of 65
 
All four of these candidates are pretty good long term investments...let us look at which stock(s) I will be adding to this portfolio.

Here are the current trigger charts in order of share price cost.



BCE Inc. for the future is a pretty good bet. It seems to be exiting a 6 month decline. However I don't see the current movement of the share price will last as shown in the above chart there was a small bounce but the BBWidth does not show it to be a lasting one and the share price is declining a bit. Another strike against it is the share price cost. I only have $22,000 to spend which would be ok to put in if we would catch this stock at the right time. That time is NOT now unfortunately.

Brookfield Real Estate Services Inc is another good long term bet but It seems to me that it is at the end of a nice rise and is about to enter a period of consolidation. For that reason The timing is not right to buy it at this time.



Atrium Mortgage Investment Corp looks pretty good right now. I like how it tracks the upper bollie

Canwel Holdings Corp also like it is about to break out.

These are the two stocks I will choose. If I divide the $22,000 in half then I would have about $11,000 to put into each stock

This will get me

$11,000 / $12.95 = 850 shares rounded up for Atrium Mortgage Investment Corp

$11,000/ $7.20 = 1500 shares rounding down for Caldwel Holding Corp

this is not 100% what the share price will be of course but I will be monitoring the openings on Monday using an L2 software and decide what price I will actually use to buy these shares.

Good Trading
UE
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Disclaimer:

I am not a registered broker. I am retired and use Technical Analysis as the main tool in my investment decisions. Accept or reject my comments as you will, but do your own Due Diligence (DD) before making any decisions based on the information I provide.

Underexposed
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