BK.TO

loss
TSX
breakout
Author

im@johnho.ca

Published

Monday, February 2, 2026

Abstract
Canadian Banc Corp

Setup

using my TradingView High Dividend Yield Trending Canadian Stocks Screener, I discovered Canadian Banc Corp. It’s paying about 10% div and pretty reliable trend.

Daily Chart (entry’s marked in yellow)

Weekly Chart
Figure 1: BK.TO in two time frames

Entry

Entering at the level of the fast EMA and stop at the slow EMA (13.88) with about $100 at risk, I can build a comfortable position:

  • Bot 100 shares @ 14.13 on 2026-02-02
  • Bot 100 shares @ 14.27 on 2026-02-02.

the 13d ATR was 0.17, so the stop was about 2.29 ATR away.

Risk Numbers

Risk Numbers

Update

2026-02-04

Bot another 100 shares @ 14.27

Figure 2: added another 100 shares @ 14.27

stop

stop of 13.88 hitted at 1219hrs on 2026-02-05. The stock closed at 13.65 which is a 3.5 ATR move from the open of 14.25.

Sold 300 shares @ 13.88 Loss: 103 CAD

stopped @ 13.88 on 2026-02-05

stopped @ 13.88 on 2026-02-05

weekly’s MACD histogram turned negative on 2026-02-06

weekly’s MACD histogram turned negative on 2026-02-06