Saturday, November 22, 2008

Canadian Banks - Update for 11.22.2008

BANK OF NOVA SCOTIA - BNS

Weekly chart continues to show weakness, with the stock price well below all key moving averages. No buy signal/pattern evident on this timeframe.

BANK OF MONTREAL - BMO

Weekly chart continues to show weakness, with the stock price well below all key moving averages. No buy signal/pattern evident on this timeframe.

TORONTO DOMINION BANK - TD

Weekly chart continues to show weakness with stock price well below all key moving averages. No buy signal/pattern evident on this timeframe.

CANADIAN IMPERIAL BANK OF COMMERCE - CIBC

Weekly chart continues to show weakness, with no buy signal/pattern evident on this timeframe.

ROYAL BANK OF CANADA - RY

Weekly chart continues to show weakness with no buy signal/pattern evident on this timeframe.

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