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Tuesday, July 2, 2013

Most popular Canadian stock searches for July 2 - (TSE: RVX.TO), (TSE: CLQ.TO), (TSE: GWO.TO), (TSE: ORT.TO), (TSE: WJA.TO)

The most popular stocks searched on Google Finance Canada for July 2 are Resverlogix Corp, Canada Lithium Corp, Great-West Lifeco Inc, Orbite Aluminae Inc, and WestJet Airlines Ltd. These companies may be the most popular because of upcoming earnings, breaking news, extreme price movements, or other attention grabbing activities. Pay attention to these companies as they may have some hype that can create volatility which is great for trading.

Resverlogix Corp. (TSE: RVX): traded higher by 134.78% or $0.31/share to $0.54. In the past year, the shares have traded as low as $0.15 and as high as $3.83. On average, 219012 shares of RVX.TO exchange hands on a given day and today's volume is recorded at 4285892. 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 $2.64 area where the stock may encounter resistance.

Canada Lithium Corp. (TSE: CLQ): remained unchanged at $0.50. In the past year, the shares have traded as low as $0.46 and as high as $0.96. On average, 828339 shares of CLQ.TO exchange hands on a given day and today's volume is recorded at 135402. 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 $0.55 area but be careful because the stock may face selling pressure at this level.

Great-West Lifeco Inc. (TSE: GWO): traded higher by 3.12% or $0.89/share to $29.42. In the past year, the shares have traded as low as $20.77 and as high as $29.83. On average, 448836 shares of GWO.TO exchange hands on a given day and today's volume is recorded at 452631. 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 $28.59 area where the stock will likely see buying pressure.

Orbite Aluminae Inc. (TSE: ORT): fell by 4.29% or $-0.03/share to $0.67. In the past year, the shares have traded as low as $0.58 and as high as $3.93. On average, 1759960 shares of ORT.TO exchange hands on a given day and today's volume is recorded at 432730. 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 $0.84 area but be careful because the stock may face selling pressure at this level.

WestJet Airlines Ltd. (TSE: WJA): fell by 0.39% or $-0.09/share to $22.91. In the past year, the shares have traded as low as $15.67 and as high as $25.47. On average, 515511 shares of WJA.TO exchange hands on a given day and today's volume is recorded at 78415. 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 $22.6824 area.