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Wednesday, July 3, 2013

Canadian Top Losers: (TSE: TCM.TO), (TSE: CU.TO), (TSE: LNF.TO), (TSE: WJA.TO), (TSE: CFP.TO)

TSE (TSE: TCM): fell by 2.87% or $-0.09/share to $3.05. In the past year, the shares have traded as low as $2.23 and as high as $4.49. On average, 461284 shares of TCM.TO exchange hands on a given day and today's volume is recorded at 47220. 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 $3.43 area but be careful because the stock may face selling pressure at this level.

TSE (TSE: CU): fell by 2.83% or $-1.04/share to $35.70. In the past year, the shares have traded as low as $31.56 and as high as $41.68. On average, 244611 shares of CU.TO exchange hands on a given day and today's volume is recorded at 43971. 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 $37.72 area but be careful because the stock may face selling pressure at this level.

TSE (TSE: LNF): fell by 2.70% or $-0.34/share to $12.26. In the past year, the shares have traded as low as $11.09 and as high as $14.75. On average, 8581 shares of LNF.TO exchange hands on a given day and today's volume is recorded at 4650. 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 $12.99 area but be careful because the stock may face selling pressure at this level.

TSE (TSE: WJA): fell by 2.49% or $-0.57/share to $22.35. In the past year, the shares have traded as low as $15.67 and as high as $25.47. On average, 502470 shares of WJA.TO exchange hands on a given day and today's volume is recorded at 44536. 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 $22.55 area but be careful because the stock may face selling pressure at this level.

TSE (TSE: CFP): fell by 2.47% or $-0.46/share to $18.20. In the past year, the shares have traded as low as $11.51 and as high as $22.15. On average, 356598 shares of CFP.TO exchange hands on a given day and today's volume is recorded at 348581. 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 $18.28 area but be careful because the stock may face selling pressure at this level.