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Thursday, November 18, 2010

Trade 2 of 187 on my Quest to Invest to a Million: Loblaw (TSE:CNR) Analysis

Canadian National Railway (TSX: CNR) had a good run on the market today, as did most sectors.


SymbolPriceChange% Change


CNR.TO65.52+0.90+1.39%



Chart
Chart

The majority of it's gains were posted in the first hour of trading, and that was about it for the day. If you look at the first few candlesticks at the beginning of every day this week, most of them were show bullish gains. Over the course of the day they level off, if not dip below the day's open. The trend for the week is up, and the spread between the max and min is 3%. Should've bought last Friday. Woulda, coulda, shoulda.

Share price could be headed in either direction here - the price has flatlined since early November.

Chart

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