Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

TransAlta Corp T.TA

Alternate Symbol(s):  TAC | T.TA.PR.E | TRNTF | T.TA.PR.D | TACPF | T.TA.PR.F | TSLTF | T.TA.PR.H | T.TA.PR.J | T.TA.PR.G

TransAlta Corporation owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia. It provides municipalities, medium and large industries, businesses and utility customers with affordable, energy-efficient and reliable power. It also produces wind power and hydro-electric power. Its segments include Hydro, Wind & Solar, Gas, Energy Transition, Energy Marketing, and Corporate. It has a diversified fleet of hydro, wind, solar, natural gas, and cogeneration generate 7,300 megawatt of electricity. It delivers renewable energy solutions for large scale commercial partners, including tech companies. It operates a fleet of electrical power generation assets, including Antrim Wind Project, Ardenville Wind Facility, Old Town Wind Project, Pinnacle Project, SunHills Solar Project, Fortescue River Gas Pipeline, and others. The Antrim Wind Project is situated on over 1,700 acres of land located in Hillsborough County, New Hampshire.


TSX:TA - Post by User

Bullboard Posts
Comment by Canonballon Aug 26, 2009 12:55am
554 Views
Post# 16249797

RE: RE: Well I called it to within .01 cents...

RE: RE: Well I called it to within .01 cents...Longdon...Old TRP has been screaming along as of late - the upper Bollinger Band is 32.43 which it's just over slightly @ 32.50 today - and the Fast STO in well over 80 @ 95.2 so it's well into over bought territory - although that doesn't mean it's done moving up ...just be careful.... 

The daily price screamed through the 200 day MA which is good sign and the 20 and 40 day MA are not far from crossing the 200 Day as well. And the weekly and month charts are still strong - indicating longer term strength.

Chart wise TRP could do what it did in early June - consolidate for a week or so and then move higher back into the 34.00 range... before weakening. 

Volume hasn't been bad - so it depends on the over all market - TRP will continue up if the market continues to move up. Good time to sell a covered call a few strikes out of the money ride any pull back with some cash in hand. 

In short - TRP has had a very good run - not sure how much more steam it has short term.   

Stocks get harder to read when they nearing a crest...hope that helps....best I can come up with.

 ...just my opinions ... so don't shoot the messenger

Cheers
Bullboard Posts