Canada TSX 60 Stock trading strategy - Saturday, June 5, 2021
Canada Stock Market Trend Forecast (Reference only)
Gold : Buy-Hold, Target 3,340 (52.93%), Current 5.17%, Base 2,184 on Apr. 10, 2021 (XAU/CAD, 1 oz Gold in Canadian dollar)
CAD/USD : Buy-Hold, Target 0.9000 (12.53%), Current 3.47%, Base 0.7998 on Apr. 22, 2021 (1 Canadian dollar to US dollar rate)
TSX 60 : Buy-Hold, Target 1,515 (51.29%), Current 19.75%, Base 1,001 on Nov. 16, 2020 (S&P TSX 60 Index, TMX: SXF Futures)
ABX : Buy-Hold, Target 58 (118.29%), Current 6.66%, Base 26.57 on Apr. 10, 2021 (Barrick Gold, TSX: ABX)
AEM : Buy-Hold, Target 130 (61.01%), Current 5.73%, Base 80.74 on Apr. 17, 2021 (Agnico Eagle Mines, TSX: AEM)
ATD.B : Buy-Hold, Target 44.4 (3.35%), Current 4.4%, Base 42.96 on May 29, 2021 (Alimentation Couche-Tard, TSX: ATD.B)
BAM.A : Buy-Hold, Target 85 (60.68%), Current 14.35%, Base 52.9 on Mar. 8, 2021 (Brookfield Asset Management, TSX: BAM.A)
BMO : Buy-Hold, Target 170 (105.44%), Current 54.68%, Base 82.75 on Nov. 5, 2020 (Bank of Montreal, TSX: BMO)
CCO : Buy-Hold, Target 87.5 (492.02%), Current 74.76%, Base 14.78 on Dec. 7, 2020 (Cameco Corporation, TSX: CCO)
CP : Buy-Hold, Target 133 (36.03%), Current 0.12%, Base 97.77 on May 22, 2021 (Canadian Pacific Railway, TSX: CP)
CTC.A : Buy-Hold, Target 295 (97.72%), Current 35.28%, Base 149.2 on Nov. 2, 2020 (Canadian Tire Corporation, TSX: CTC.A)
FTS : Buy-Hold, Target 67.85 (23.43%), Current 0.51%, Base 54.97 on May 8, 2021 (Fortis, TSX: FTS)
MG : Buy-Hold, Target 150 (118.63%), Current 82.54%, Base 68.61 on Nov. 2, 2020 (Magna International, TSX: MG)
POW : Buy-Hold, Target 64.5 (118.2%), Current 35.66%, Base 29.56 on Dec. 1, 2020 (Power Corporation of Canada, TSX: POW)
RY : Buy-Hold, Target 180 (70.05%), Current 19.23%, Base 105.85 on Jan. 6, 2021 (Royal Bank of Canada, TSX: RY)
SHOP : Buy-CloseN, Target 2400 (59.74%), Current -3.01%, Base 1502.42 on May 29, 2021 (Shopify, TSX: SHOP)
TD : Buy-Hold, Target 105 (48.73%), Current 24.59%, Base 70.6 on Dec. 1, 2020 (Toronto-Dominion Bank, TSX: TD)
WCN : Buy-Hold, Target 178 (32.64%), Current 9.17%, Base 134.2 on Mar. 29, 2021 (Waste Connections, TSX: WCN)
WPM : Buy-Hold, Target 74.34 (35.73%), Current 6.65%, Base 54.77 on May 15, 2021 (Wheaton Precious Metals, TSX: WPM)
Note: Trading strategies are based on forecasts for the future, so they may be right or wrong. I hope you make a better strategy of your own by referring to the above and get a lot of profit from good trading.
Gold : Buy-Hold, Target 3,340 (52.93%), Current 5.17%, Base 2,184 on Apr. 10, 2021 (XAU/CAD, 1 oz Gold in Canadian dollar)
CAD/USD : Buy-Hold, Target 0.9000 (12.53%), Current 3.47%, Base 0.7998 on Apr. 22, 2021 (1 Canadian dollar to US dollar rate)
TSX 60 : Buy-Hold, Target 1,515 (51.29%), Current 19.75%, Base 1,001 on Nov. 16, 2020 (S&P TSX 60 Index, TMX: SXF Futures)
ABX : Buy-Hold, Target 58 (118.29%), Current 6.66%, Base 26.57 on Apr. 10, 2021 (Barrick Gold, TSX: ABX)
AEM : Buy-Hold, Target 130 (61.01%), Current 5.73%, Base 80.74 on Apr. 17, 2021 (Agnico Eagle Mines, TSX: AEM)
ATD.B : Buy-Hold, Target 44.4 (3.35%), Current 4.4%, Base 42.96 on May 29, 2021 (Alimentation Couche-Tard, TSX: ATD.B)
BAM.A : Buy-Hold, Target 85 (60.68%), Current 14.35%, Base 52.9 on Mar. 8, 2021 (Brookfield Asset Management, TSX: BAM.A)
BMO : Buy-Hold, Target 170 (105.44%), Current 54.68%, Base 82.75 on Nov. 5, 2020 (Bank of Montreal, TSX: BMO)
CCO : Buy-Hold, Target 87.5 (492.02%), Current 74.76%, Base 14.78 on Dec. 7, 2020 (Cameco Corporation, TSX: CCO)
CP : Buy-Hold, Target 133 (36.03%), Current 0.12%, Base 97.77 on May 22, 2021 (Canadian Pacific Railway, TSX: CP)
CTC.A : Buy-Hold, Target 295 (97.72%), Current 35.28%, Base 149.2 on Nov. 2, 2020 (Canadian Tire Corporation, TSX: CTC.A)
FTS : Buy-Hold, Target 67.85 (23.43%), Current 0.51%, Base 54.97 on May 8, 2021 (Fortis, TSX: FTS)
MG : Buy-Hold, Target 150 (118.63%), Current 82.54%, Base 68.61 on Nov. 2, 2020 (Magna International, TSX: MG)
POW : Buy-Hold, Target 64.5 (118.2%), Current 35.66%, Base 29.56 on Dec. 1, 2020 (Power Corporation of Canada, TSX: POW)
RY : Buy-Hold, Target 180 (70.05%), Current 19.23%, Base 105.85 on Jan. 6, 2021 (Royal Bank of Canada, TSX: RY)
SHOP : Buy-CloseN, Target 2400 (59.74%), Current -3.01%, Base 1502.42 on May 29, 2021 (Shopify, TSX: SHOP)
TD : Buy-Hold, Target 105 (48.73%), Current 24.59%, Base 70.6 on Dec. 1, 2020 (Toronto-Dominion Bank, TSX: TD)
WCN : Buy-Hold, Target 178 (32.64%), Current 9.17%, Base 134.2 on Mar. 29, 2021 (Waste Connections, TSX: WCN)
WPM : Buy-Hold, Target 74.34 (35.73%), Current 6.65%, Base 54.77 on May 15, 2021 (Wheaton Precious Metals, TSX: WPM)
Note: Trading strategies are based on forecasts for the future, so they may be right or wrong. I hope you make a better strategy of your own by referring to the above and get a lot of profit from good trading.
