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Wednesday, June 26, 2013

Canadian Top Losers: (TSE: PDN.TO), (TSE: T.TO), (TSE: IMG.TO), (TSE: RGL.TO), (TSE: AGI.TO)

TSE (TSE: PDN): fell by 9.20% or $-0.08/share to $0.79. In the past year, the shares have traded as low as $0.75 and as high as $1.52. On average, 643095 shares of PDN.TO exchange hands on a given day and today's volume is recorded at 896139. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $0.93 area where the stock may encounter resistance.

TSE (TSE: T): fell by 8.06% or $-2.69/share to $30.68. In the past year, the shares have traded as low as $29.80 and as high as $37.94. On average, 1535190 shares of T.TO exchange hands on a given day and today's volume is recorded at 5040009. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $34.52 area where the stock may encounter resistance.

TSE (TSE: IMG): fell by 8.01% or $-0.35/share to $4.02. In the past year, the shares have traded as low as $4.27 and as high as $16.45. On average, 2624420 shares of IMG.TO exchange hands on a given day and today's volume is recorded at 1006185. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $5.29 area but be careful because the stock may face selling pressure at this level.

TSE (TSE: RGL): fell by 7.93% or $-3.53/share to $40.97. In the past year, the shares have traded as low as $44.00 and as high as $98.81. On average, 6319 shares of RGL.TO exchange hands on a given day and today's volume is recorded at 2956. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $53.29 area but be careful because the stock may face selling pressure at this level.

TSE (TSE: AGI): fell by 7.07% or $-0.85/share to $11.18. In the past year, the shares have traded as low as $10.40 and as high as $19.96. On average, 537817 shares of AGI.TO exchange hands on a given day and today's volume is recorded at 173328. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $13.97 area but be careful because the stock may face selling pressure at this level.