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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

Utilities Utilities - Independent Power Producers
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

TransAlta Corp
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Post by Canonballon Oct 28, 2009 12:17am
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Post# 16429845

Charts suggest TA about to head back ...

Charts suggest TA about to head back ...  up next week... looking for slightly more pull back until the end of the week ...likely around the last support 20.80.

 If TA doesn't find support there... next stop could be 20.22 to 19.79 but  that would represent an excellent entry point for anyone thinking of getting in... or adding.

 Remember TA even at the very bottom of the MARCH market ( when the financial world was collapsing) TA only got to 17.99 ...meaning it's not very likely it will get lower then 19.79. And remember also Dividend time is coming  Ex Div date likely November 26, and Dec 1 record date, paid Jan 1...so hang in there...and think longer term. 

(Dates are from an American source so they may change) 

Cheers
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