RE:Hitting 200 mda $5.02 resistance -> support 200 sma for CJ is around $5.22 and RSI is around 54. Lot of room in RSI before it gets over bought. Important factor that will determine the share price in the near future is the price of WTI
In Novemeber 2017 stock hit a high of about %5.52 while RSI went to 79 and the stock bulled back with other oil stocks.
While the oil has been running up the oil stocks have been lagging. It seems the wild money is chasing other stocks inculding weed stocks. There is lot of money chasing bitcoin too.
So far has not seen in flow of money in oil stocks.
CJ has a decent short position. Have not seen any short covering yet.
House Positions for C:CJ from 20171227 to 20171227 | 85 Scotia | 173,514 | 871,583 | 5.023 | 57,905 | 288,723 | 4.986 | 115,609 | -582,860 |
| 13 Instinet | 72,900 | 363,762 | 4.99 | 42,100 | 207,598 | 4.931 | 30,800 | -156,164 |
| 53 Morgan Stanley | 55,900 | 280,066 | 5.01 | 25,371 | 126,612 | 4.99 | 30,529 | -153,454 |
| 90 Barclays | 28,800 | 144,182 | 5.006 | 0 | | 28,800 | -144,182 |
| 39 Merrill Lynch | 78,400 | 391,596 | 4.995 | 55,300 | 276,253 | 4.996 | 23,100 | -115,343 |
| 22 Fidelity | 18,650 | 93,831 | 5.031 | 4 | 20 | 5.00 | 18,646 | -93,811 |
| 2 RBC | 95,521 | 477,339 | 4.997 | 83,677 | 419,644 | 5.015 | 11,844 | -57,695 |
| 124 Questrade | 15,025 | 74,919 | 4.986 | 7,811 | 39,086 | 5.004 | 7,214 | -35,833 |
| 57 Interactive | 3,000 | 15,095 | 5.032 | 25 | 121 | 4.84 | 2,975 | -14,974 |
| 70 Manulife | 3,000 | 15,094 | 5.031 | 200 | 984 | 4.92 | 2,800 | -14,110 |
| 143 Pershing | 1,800 | 8,946 | 4.97 | 0 | | 1,800 | -8,946 |
| 101 SG Capital | 4,400 | 21,977 | 4.995 | 2,900 | 14,544 | 5.015 | 1,500 | -7,433 |
| 33 Canaccord | 1,000 | 5,040 | 5.04 | 0 | | 1,000 | -5,040 |
| 88 Credential | 2,000 | 9,830 | 4.915 | 1,100 | 5,511 | 5.01 | 900 | -4,319 |
| 5 Penson | 58 | 290 | 5.00 | 0 | | 58 | -290 |
| 59 PI | 0 | | 15 | 75 | 5.00 | -15 | 75 |
| 84 Ind Trading | 20,590 | 102,913 | 4.998 | 20,650 | 103,105 | 4.993 | -60 | 192 |
| 80 National Bank | 42,500 | 209,855 | 4.938 | 42,859 | 212,671 | 4.962 | -359 | 2,816 |
| 58 Qtrade | 2,975 | 14,801 | 4.975 | 3,360 | 16,859 | 5.018 | -385 | 2,058 |
| 72 Credit Suisse | 0 | | 900 | 4,472 | 4.969 | -900 | 4,472 |
| 36 Latimer | 0 | | 1,500 | 7,440 | 4.96 | -1,500 | 7,440 |
| 99 Jitney | 2,100 | 10,594 | 5.045 | 6,500 | 32,476 | 4.996 | -4,400 | 21,882 |
| 89 Raymond James | 0 | | 7,050 | 34,905 | 4.951 | -7,050 | 34,905 |
| 74 GMP | 0 | | 9,250 | 46,459 | 5.023 | -9,250 | 46,459 |
| 19 Desjardins | 1,000 | 5,030 | 5.03 | 10,403 | 52,308 | 5.028 | -9,403 | 47,278 |
| 62 Haywood | 0 | | 13,900 | 69,681 | 5.013 | -13,900 | 69,681 |
| 1 Anonymous | 339,504 | 1,698,265 | 5.002 | 367,421 | 1,841,197 | 5.011 | -27,917 | 142,932 |
| 7 TD Sec | 271,908 | 1,349,904 | 4.965 | 327,278 | 1,626,482 | 4.97 | -55,370 | 276,578 |
| 9 BMO Nesbitt | 12,231 | 60,890 | 4.978 | 74,455 | 372,520 | 5.003 | -62,224 | 311,630 |
| 79 CIBC | 184,169 | 921,571 | 5.004 | 269,011 | 1,347,627 | 5.01 | -84,842 | 426,056 |
| TOTAL | 1,430,945 | 7,147,373 | 4.995 | 1,430,945 | 7,147,373 | 4.995 | 0 | 0 |