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June 20th, 2018

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PUBLISHED BY INSTITUTIONAL ADVISORS
April 26, 2008
Technical observations of RossClark@shaw.ca

The upside acceleration in the energy complex is beginning to produce daily alerts in our exhaustion model. Most are lacking any divergences in the volume related oscillators so corrections of 40%-50% from the March lows to the mid-point of the 20 & 50 day moving averages (blue and red lines on the charts) appear to offer initial support.
In addition to the energies, Potash Corp (POT.TO) is into upside exhaustion mode on the daily charts. The following stocks are now producing Exhaustion Alerts:




Bob Hoye
April 26, 2008
EMAIL:: bobhoye@institutionaladvisors.com
CHARTWORKS WEBSITE:: www.institutionaladvisors.com



The opinions in this report are solely those of the author. The information herein was obtained from various sources; however we do not guarantee its accuracy or completeness. This research report is prepared for general circulation and is circulated for general information only. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities, if any, may fluctuate and that each security's price or value may rise or fall. Accordingly, investors may receive back less than originally invested. Past performance is not necessarily a guide to future performance. Neither the information nor any opinion expressed constitutes an offer to buy or sell any securities or options or futures contracts. Foreign currency rates of exchange may adversely affect the value, price or income of any security or related investment mentioned in this report. In addition, investors in securities such as ADRs, whose values are influenced by the currency of the underlying security, effectively assume currency risk.

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