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Gold/Mining/Energy : Oil Sands and Related Stocks
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From: johnlw9/14/2014 9:12:24 PM
   of 25575
 
".....The big news is that Canadian Oil Sands Limited, one of Canada’s biggest, most successful companies, is now oversold with an RSI reading well below the 30 buy signal.

The chart below shows that RSI has been successful at finding buying opportunities for Canadian Oil Sands stock. Most obviously, a buy signal in April of 2013 was followed by a 14.5 per cent rally to February 2014. And that’s only simple returns; the dividend yield remains high at 6.6 per cent. Canadian Oil Sands’ stock is now much more oversold than at any point in the past two years (although, as always, that’s no guarantee of trading success)........."

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