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Canaco Resources tumbles 6.7% on firm volume February 28, 2017 16:00 EST

Feb 28, 2017 - News Bites Canadian Markets

AMERICAN DAILY STOCK REPORT

Canaco Resources Inc. (PINKSHEETS:CANWF) has tumbled 2.0c (6.7%) from its last trading session of February 27 to close at 28.0c. Compared with the NASDAQ-100 Index which fell 17.2 points (0.3%) in the day, the relative price change was -6.3%. The fall was exacerbated by firm volume of 1.1 times the average daily volume of 26,324 shares.

SECTION 1

CANACO RESOURCES BEARISH SIGNALS

Technicals:

+ Compound Annual Growth Rate (CAGR) in USD ...