poulin.marc

Sugar - Trade

Long
TSX:RSI   ROGERS SUGAR INC
I love Sugar .... I love the Dividends.

RSI had a good run, benefited from low energy costs.
I am taking profit to keep cash on the side-line for the inevitable mrkt correction.

I will re-enter below 5.65 if the fundamentals stay solid.

On Balance Volume is weakening, this could be an indicator that investors are switching to cash or trading to high flying stocks.

Ichimoku 3/5 bear
23-Nov-17 6.23 Bear Chikou Span Cross Strong
" " Bear Kijun Sen Cross Neutral
" " Bear Kumo Breakout
21-Nov-17 6.50 Bull Senkou Span Cross Neutral
" " Bull Tenkan/Kijun Cross Weak

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