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Canadian Pacific Kansas City Ltd T.CP

Alternate Symbol(s):  CP

Canadian Pacific Kansas City Limited operates a single-line transnational railway linking Canada, the United States and Mexico, with unrivaled access to ports from Vancouver to Atlantic Canada to the Gulf of Mexico to Lazaro Cardenas, Mexico. It operates over 20,000 route miles and provides North American customers unparalleled rail service and network reach to key markets across the continent. It transports bulk commodities, merchandise, and intermodal freight. It offers a suite of freight transportation services, logistics solutions and supply chain expertise. It transports ethanol from production areas in the Midwest United States to key consumer markets across the Northeast United States. It serves various markets, including Canadian grain; United States grain; bulk; intermodal; automotive; forest and industrial products; transload, and energy, chemicals and plastics. Its network connects assembly and auto parts plants and distribution centers to serve the automotive industry.


TSX:CP - Post by User

Comment by yana8on Feb 07, 2013 2:31am
88 Views
Post# 20950407

Chart

Chart

Hmm. interesting juncture from a tecnical point of view.  CP.to touched its 18day ma line on the daily chart and bounced up from there (it also happens to be the main pivot point).  Please take a look at the green line on the chart (18day ma) and how it's been serving as support to the stock price since December 1st.  CP.to is also showing a bull flag on the daily chart.  If the price breaks below the 18day ma line on high volume in the next day or two then I would expect it come down to $107 or so... however, given the strength of this stock and the support from Wall st.  my feeling is that it might go up again from this level.  Will be watching closely tomorrow.

https://stockcharts.com/h-sc/ui?s=CP&p=D&yr=0&mn=3&dy=0&id=p46128616607

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