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Wednesday, July 3, 2013

Canadian Top Gainers: (TSE: WEF.TO), (TSE: PSI.TO), (TSE: AGI.TO), (TSE: OSK.TO), (TSE: CEE.TO)

TSE (TSE: WEF): traded higher by 6.25% or $0.08/share to $1.36. In the past year, the shares have traded as low as $0.80 and as high as $1.49. On average, 365010 shares of WEF.TO exchange hands on a given day and today's volume is recorded at 904512. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $1.3256 area.

TSE (TSE: PSI): traded higher by 6.19% or $1.21/share to $20.77. In the past year, the shares have traded as low as $13.59 and as high as $19.90. On average, 76570 shares of PSI.TO exchange hands on a given day and today's volume is recorded at 132502. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $18.13 area where the stock will likely see buying pressure.

TSE (TSE: AGI): traded higher by 5.56% or $0.7/share to $13.29. In the past year, the shares have traded as low as $10.40 and as high as $19.96. On average, 569800 shares of AGI.TO exchange hands on a given day and today's volume is recorded at 131361. 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 $13.70 area but be careful because the stock may face selling pressure at this level.

TSE (TSE: OSK): traded higher by 5.48% or $0.19/share to $3.66. In the past year, the shares have traded as low as $2.98 and as high as $10.62. On average, 3598450 shares of OSK.TO exchange hands on a given day and today's volume is recorded at 705899. 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 $4.09 area but be careful because the stock may face selling pressure at this level.

TSE (TSE: CEE): traded higher by 5.26% or $0.025/share to $0.50. In the past year, the shares have traded as low as $0.42 and as high as $1.72. On average, 124786 shares of CEE.TO exchange hands on a given day and today's volume is recorded at 5060. 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 $0.57 area but be careful because the stock may face selling pressure at this level.