This week is a good time to enter long term. RSI oversold. Waiting for macd lines to crossover.
Hi! I'm liking this pullout action on CP rail! I've taken a long at 460.07 with a target of 482! Just a return to the ATH! Could pullback a little further towards 450!
Hi friends the monthly analysis of this market shows that we must wait for the breakout of resistance at the level445.83 after positioning ourselves as much as the buyer the next objective is 481.01
CP LONG CP was downgraded today most likely because of the ER miss from CNI. They are both Canadian railways companies so they play by sympathy. This will unlikely affect CP long term because its earnings is next year in January. CP has multiple upgrades to the 400s through out the day and also increased its dividends. So this is very bullish news moving...
The CP daily chart is breaking out of a bull flag pattern during today's session. Seems that a lot of charts have been forming this pattern lately, a very bullish sign overall for the market. Note how price is beginning to move above where there would be much volume action. Let's see where this stock closes today & if there is any continuation in this breakout.
Looking at the last price drop and current support/resistance levels I do not expect the price to go down below 185? so you may tune your SL to wait until the price go up again. There are two entrance points: now at 210 and at 200, which is the round number and support level as well.
Looking for a break of the 1x1 gann angle, for a down turn for this stock, a return to the lower gann line as per the arrow indicates.
AVERAGE ANALYSTS PRICE TARGET $338 AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT P/E RATIO 19 SHORT INTEREST COMPANY PROFILE Canadian Pacific Railway Ltd. engages in the provision of rail service. It offers rail and intermodal transportation services. It also transports bulk commodities, merchandise freight, and intermodal traffic. The company was...
I have noticed many times pricing will run back up to a "double peak" in the 34 period or 340 period. In this case CP has popped back up to the 340 SMA double peak from previous levels... I'm sure a fib guy can step in here and explain the retrace in 3....2....1.... brschultz aka markettimer777
My quant model predicts Profitability: it has a high probability(66%) to rebound at this level. Worst Case: it could drop to $166.88 Money Management: Bet no more than 33% of capital Suggested Strategy: long stock for 5 Days, wait and see
Zacks Rank: 1-Strong Buy 1 Style Scores: D Value | C Growth | A Momentum | C VGM Industry Rank: Top 5%(12 out of 255) Industry: Transportation - Rail comments welcomed
CP: Canadian Pacific Railway Limited 2018-10-04 07:30:00 CP reports preliminary Q3 results, raises 2018 guidance and outlines strategy for driving sustainable, profitable growth at the Company's Investor Day
Tightening wedge, ready to give any day now. Expect sharp move lower after multiple failed upside attempts in an overall bearish trend.
Impulsive move from bottom has now formed a corrective horizontal flag. Looking to buy the bottom of the corrective structure and hold for a measured move of the flag and the lows of the corrective structure that forms the all time highs. E: 187.00 SL: 180.97 TP: 227.45 Soft stop = Daily close below 186.00 NYSE stock also has same structure and clean vol.
This graph shows the increase in the value of CP stock, especially since CEO Hunter Harrison took the reins of the company in 2012.