ACQ - buying new cars

AutoCnada (ACQ) is looking good on the daily chart, a pullback here looks like an opportunity to accumulate more shares. RSI turned up and MACD looks poised to. The trend is solid with highs being higher and lows being higher. A nice dividend of ~ 4.6% helps as people are looking for yield, this is also a nice way to diversify against traditional banks and resource companies in Canada. Watch for confirmation of the move up tomorrow.