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Tuesday, July 2, 2013

Canadian Top Losers: (TSE: ABX.TO), (TSE: TXG.TO), (TSE: CDM.TO), (TSE: THO.TO), (TSE: CGG.TO)

TSE (TSE: ABX): fell by 5.96% or $-0.99/share to $15.61. In the past year, the shares have traded as low as $15.41 and as high as $42.08. On average, 5168540 shares of ABX.TO exchange hands on a given day and today's volume is recorded at 2192883. 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 $19.60 area but be careful because the stock may face selling pressure at this level.

TSE (TSE: TXG): fell by 5.26% or $-0.07/share to $1.26. In the past year, the shares have traded as low as $1.12 and as high as $2.29. On average, 1970560 shares of TXG.TO exchange hands on a given day and today's volume is recorded at 249577. 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 $1.51 area but be careful because the stock may face selling pressure at this level.

TSE (TSE: CDM): fell by 5.14% or $-0.72/share to $13.28. In the past year, the shares have traded as low as $12.01 and as high as $31.82. On average, 25502 shares of CDM.TO exchange hands on a given day and today's volume is recorded at 4978. 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 $13.96 area but be careful because the stock may face selling pressure at this level.

TSE (TSE: THO): fell by 4.76% or $-0.71/share to $14.20. In the past year, the shares have traded as low as $12.44 and as high as $21.81. On average, 395673 shares of THO.TO exchange hands on a given day and today's volume is recorded at 66410. 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 $14.65 area but be careful because the stock may face selling pressure at this level.

TSE (TSE: CGG): fell by 4.64% or $-0.13/share to $2.67. In the past year, the shares have traded as low as $2.30 and as high as $4.65. On average, 275920 shares of CGG.TO exchange hands on a given day and today's volume is recorded at 59408. 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 $2.88 area but be careful because the stock may face selling pressure at this level.