The Canadian Technician

Blackberry (BB.TO, BBRY) Traders Reach The Fulcrum Decision Point

by Greg Schnell

For one of Canada's most storied stocks, Blackberry (BB.TO, BBRY) continues to write new story lines. We can see three major setups in Blackberry. The pattern as Blackberry failed at the top is shown, but the SCTR ranking was dismal in 2010... Read More 

The Canadian Technician

Canadian Financials Muddle Along

by Greg Schnell

The Canadian Financial Sector ($SPTFS) continues to hover in the middle of the trading range for the last year. It is currently trading where it was last July... Read More 

The Canadian Technician

Encana (ECA.TO, ECA) Misses The Memo

by Greg Schnell

Encana, (ECA.TO, ECA on NYSE) widely considered one of Canada's powerhouse companies, just can't seem to get the mojo going. When Encana separated out the Oil related exploration and production into a distinct company called Cenovus, it was a difficult process to watch... Read More 

The Canadian Technician

Trican (TCW.TO) Workover Gets Fracked

by Greg Schnell

Trican Well Service (TCW.TO) announced earnings today. The company described a stunning change in business which could threaten the debt covenants as soon as this fall so the management stopped the dividend this morning that was introduced in 2006... Read More 

The Canadian Technician

Canadian Health Care Sector Needs To Be Watched Closely Here

by Greg Schnell

I am a big believer in the relative strength line. This week the SPURS as I like to call it, is sitting at an important junction and so is the price. We can see the SPURS shown in purple has broken through support and is backtesting the trend line... Read More