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Canadian Banc increases 1.2% after finding support March 22, 2017 17:00 EDT

Mar 22, 2017 - News Bites Canadian Markets


Canadian Banc Corp. (TSX:BK), Canada's 32nd largest Asset management company by market cap, has increased 1.2% after hitting the lower Bollinger Band twice in the last ten days. This is a bullish signal. The lower Bollinger Band marks the trajectory of support on a stock price. The stock price has increased 15.0c (1.2%) from its last trading session of March 21 to close at CAD12.70. Compared with the S&P/TSX 60 Index which rose 3.1 points (0.3%) in the day, the ...