CP, Canadian Pacific Rail


Luck should have little to do with investing but if it is presented to you on a silver platter by all means take it. They up leg from the $45 low looks suspiciously like a B-wave, that is fake, unreal and usually entirely based on rumours. It is also a double top and the RSI has peaked at levels not seen in the past three years. It may well be that we are in 4 of c of this B-wave, so a minor 5th is still needed to complete this pattern, that is not worth waiting for.