September is almost done and as expected and written here, the $TSXV has taken a nice turn. Since my call on August 23rd my favorites names have put on 80-100% (I deeply apologize that I did not write about them before, but for the record, they were $CRE.CA and $XEL.CA). In the future I will try to be more forthcoming with my picks.
As such, even if the $TSXV has rallied nicely and I think that overall it is due for some consolidation, I really think the $FMS.CA chart is sexy – note the MACD divergence with the lower lows and the kiss of that downtrend break Take a look for yourself….