Company Overview: ​AutoCanada Inc. (TSX: ACQ) is a publicly traded Canadian company headquartered in Edmonton, Alberta. Established in 2006, it operates as a multi-location automobile dealership group across North America. Prime Mining Corp. (TSX: PRYM) is a Canadian exploration and development company focused on advancing high-grade gold and silver projects in Mexico. Its flagship asset is the Los Reyes Project, complemented by the Magenta Project. This Report covers the Price Action, Technical Indicators Analysis along with the Stop Loss Levels, Target Prices, and Recommendations on these two stocks.

Canada Market Round-Up

The S&P/TSX Composite Index (TSX: ^TSX) kicked off the previous week with strong bullish momentum, climbing 394.33 points (1.70%) to close at 23,587.80 on April 11, 2025. The rally extended into April 14, with the index advancing another 278.73 points (1.18%) to finish at 23,866.53. The recovery was broad-based, supported by gains across multiple sectors including consumer non-cyclicals, energy, real estate, industrials, consumer cyclicals, basic materials, utilities, technology, and financials. Healthcare was the sole sector to underperform during this period. On the economic front, Statistics Canada reported a 2.9% increase in the total value of building permits for February, rising by $371.3 million to reach $13.1 billion a sign of underlying resilience in the construction and housing sectors. From a technical perspective, despite the recent gains, the index remains below its rising trendline support and the 50-period Simple Moving Average (SMA), indicating that the broader downtrend remains intact amid ongoing short-term volatility. Resistance is seen near the 24,400 level, while key support is located around 23,000. The weekly Relative Strength Index (RSI) stands at 44.02, signalling that momentum is stabilizing, with buyers still active in the market.

On the macro front, the upcoming major economic events that may impact the Canadian market sentiment include CA CPI m/m, U.S Philly Fed Manufacturing Indext and U.S Unemployment Claims.