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eResearch Posts Technical Opinion on Major Canadian Banks

ACCESSWIRE

eResearch Corporation has posted on its website a Phases & Cycles technical status report on the major Canadian Banks: BMO, BNS, CIBC, National Bank, Royal Bank, Toronto-Dominion Bank

Analysts Monica Rizk and Ron Meisels note that most banks have started to pull back, with the exception of TD, which remains overbought.

View the charts here: Phases & Cycles

eResearch is a primary source for professional investment research, focused on small- and mid-cap companies. Our research and analysis is of institutional quality, and has the potential for reaching millions of global investors through our extensive electronic distribution network.

eResearch posts all its reports and articles on its website, eresearch.ca, and subscription is FREE.

Contact:
eResearch: Bob Weir, CFA, Director of Research
email: bweir@eresearch.ca