Who Needs Goose? Take a Gander at Celestica's Upside Breakout

While there may be more attention focused on the Canada Goose (GOOS) IPO, fellow Canadian company Celestica (CLS) , a leader in the delivery of end-to-end product life-cycle solutions, has broken out on the upside. So, check out at this north-of-the-border technical idea.

In this daily bar chart, below, you can see that CLS was in a sideways trading range until October. October starts a nice rally with positive moving average lines -- 50-day and 200-day. The On-Balance-Volume (OBV) line rises at a better pace than in the prior three months and the MACD oscillator moves above the zero line for an outright go long signal. There is a small gap in January as prices spike up on heavy volume....72 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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