Exit Case: Canada Goose Holdings Inc. (TSX: GOOS)

 Overview: Canada Goose Holdings Inc. (TSX: GOOS) is a premier Canadian brand renowned for its expertise in the design, manufacture, distribution, and retail of high-end outerwear. Headquartered in Toronto, the company has built a global reputation for crafting premium, performance-driven apparel engineered to withstand extreme weather conditions. GOOS has been a part of the 'Momentum Model Portfolio' since May 13, 2025. Therefore, an 'Exit' stance from the Momentum Model Portfolio is recommended on the stock at the closing price of CAD 14.79 as on May 21, 2025.

GOOS’ Daily Chart

New Entry Case: Canopy Growth Corporation (TSX: WEED)

Overview: Canopy Growth Corporation (TSX: WEED) headquartered in Smiths Falls, Canada, is a leading player in the cannabis industry, specializing in the cultivation and sale of both medicinal and recreational cannabis, as well as hemp products. 

Technical Analysis: On the daily chart, WEED's prices are holding above a key falling trendline support zone, suggesting the potential for an upward move. Additionally, the 14-period Relative Strength Index (RSI) is recovering from lower levels, currently reading ~70.33, indicating strengthening momentum. Further reinforcing the bullish outlook, prices are trading above the 50-period Simple Moving Average (SMA), a trend-following indicator that signals continued upside potential.

WEED is recommended as a new entry in the 'Momentum Model Portfolio' as on May 22, 2025. Considering the technical analysis, support and resistance levels, an 'Entry' is recommended in the 'Momentum Model Portfolio' at the closing price of CAD 2.48 as on May 21, 2025.

WEED’s Daily Chart

Support and Resistance Summary (As on May 21, 2025)

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of May 21, 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.