CNR is in a long-term inverse head and shoulders, best time to buy it was yesterday and the second best time to buy it is today so get in while the train is slow enough to jump on. Nobody knows if their deal with KSU is going through but who cares either way this company is a staple to the Canadian economy. I can hold this for a a half-century confidently.
Idea for Canadian National Railway: - An interesting thing has occurred. CNR approached Kansas City Southern (KSU) with an unsolicited offer that would merge the companies to become the first and only single railroad to cross Canada, the US, and Mexico. A combination of either CNR or CP with KSU would do this. Naturally, CP will want to stop this existential...
The PEAD projected a Bullish outlook for $CNI after a Positive over reaction following its earnings release placing the stock in drift B If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
This is a idea from this stock to the future
The PEAD projected a Bullish outlook for $CNI after a Negative Under reaction following its earnings release placing the stock in drift D If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
We can see here $CNI is breaking the 4 hour support and is about to pop! OH CANADA! Happy Trading!
I have been watching this for awhile. It is a great stock in a great recession proof industry; which Bill Gates owns a fair share of if you are into mirroring the rich. Fundamental sound. On a technical basis, we see the classic bullish pennant forming and then breakout today. This stock should continue to climb into 2021.
Hey people, CANADIAN NATINOAL RAILWAYS CO is in a fake bearish configuration with sell volume executed and a doji with shadow made by sellers. On the TIMEFRAME M1 we see a kind of hammer candle with an abnormal purchase volume, this one is currently breaking the VWAP in this force. Great propability of breakout the price to go to test the stabilization zone and...
I simply do not understand how Canadian rail roads are a stock that keeps on giving. CNI has been consolidating for a while, the MACD and stochastic are looking goooooood. I am going to watch this for call option entry. I also like this stock for diversity in what i have open.
One of my favorite industries and stocks. Thinking this one can get to $107 by Oct.