WAIT

It has been in very strong uptrend which is a little overdone/overbought. It is due for a pullback but he likes the trend.

PAST TOP PICK
(A Top Pick Jul 31/24, Down 1.95%)

It is near its support zone so he has it as a potential trade in their aggressive account. He has a tight stop at $91.75 so if it goes below that for three or more days then he will sell at a 2 or 3% loss. The idea is that in the long term bonds will go up.

PAST TOP PICK
(A Top Pick Jul 31/24, Up 2%)

It is moving in a range. It is close enough to the bottom of the range and he is tight with discipline. If it breaks its support level and stays there for a number of days, then he will sell.

PAST TOP PICK
(A Top Pick Jul 31/24, Up 13%)

It is an uptrend but he recently sold two weeks ago because it was overbought and there may be a pullback. It is fine for the longer term investor.

Unspecified

It broke out from its bottom formation, arcing up nicely, and meeting resistance. It pays a healthy dividend so he may sell it in the equity platform but may hold it in the income platform.

BUY

It is a stock you can't argue with and has a predictable pattern long term. It goes up, then bounces around, and then breaks out again. Great long term holding.

BUY

He has one position in it at the breakout. Consolidations are bullish so it is a pretty good chart

WATCH

It is just going on his watch list since he likes the chart. It did consolidate, then broke out. Could pull back

WATCH

Like Taiwan Semi-Conductors it consolidated and then broke out. It is a healthy chart so if it pulls back, buy.
Note: The caller wanted to know whether it is better to buy it on the NASDAQ or the ADR version on the TSX. He has no preference but feels that the U.S. dollar probably has upside.

WAIT

It was over bought to begin with before the recent difficulties. It is in a trading range so if it hit $260 or $270 he would buy it.

COMMENT

He owns it in the aggressive platform. They also have a more conservative equity platform. He bought it on the trend line. It is coming into its old high which is a point of resistance. It is OK but don't buy today.

TRADE

It is suffering much more than energy stocks in general. If it breaks $6 then buy for a swing trade.

TRADE

It is consolidating and going sideways. He doesn't know if it will break out. You could buy at the breakout or at the bottom where there is support for a swing trade.

COMMENT

The chart is a good example of volatility so it is not for the timid. It is a swing trade candidate. If owned then hold onto it. He is not sure about buying. Medium odds of gaining.

Unspecified

It is kind of into a downtrend so he is not buying. However if he sees a breakout he would buy.