Canadian Stocks

[howestreetbull]

AIX.v Weekly Technical Analysis
We had a huge bullish reversal on the name this week(+100% weekly price gain) with the stock as shown on the 3 year weekly chart breaking above the downtrend resistance line and breaking out of a 16 month declining wedge pattern which is an extremely bullish development. To do so on roughly 10X the 60 W average volume of 20.7M shares trading for the week-an all time high for the stock) is confirmation we have something significant going on here. ADI + is soaring as is the ACC/DIS line, with OBV confirming the move. The (CMF) ripped into positive territory and the RSI's and sto's are all moving nicely higher. Looks like the ship is turning around here and an entry is warranted for better days ahead as I believe this is just the beginning.
cheers,
hsb
http://stockcharts.com/h-sc/ui?s=AIX.V&p=W&yr=3&mn=0&dy=0&id=p84171026750&listNum=13&a=316421210