Exit Case: K-Bro Linen Inc. (TSX: KBL)

 Overview: K-Bro Linen Inc. (TSX: KBL) is a leading provider of laundry and linen processing services in Canada, catering primarily to the healthcare and hospitality sectors. The company specializes in handling high-volume, mission-critical linen requirements, including hospital bedding, hotel linens, and specialty textile products. KBL has been a part of the 'Momentum Model Portfolio' since March 19, 2026. Therefore, an 'Exit' stance from the Momentum Model Portfolio is recommended on the stock at the closing price of CAD 38.44 as on April 23, 2026.

KBL’s Daily Chart

New Entry Case: Algoma Central Corporation (TSX: ALC)

Overview: Algoma Central Corporation (TSX: ALC) is a leading global provider of marine transportation services, specializing in the ownership and operation of dry and liquid bulk carriers. The company plays a critical role in supporting key industries by transporting essential commodities such as iron ore, coal, grain, petroleum products, and chemicals.

Technical Analysis: On the daily chart, ALC is holding above a key rising trendline support, indicating improving price stability and signaling the potential for a near-term rebound. This sustained position above trendline support reflects underlying strength and suggests that buyers are actively defending lower levels. The 14-period Relative Strength Index (RSI), currently near 56.21, points to strengthening momentum while still leaving ample room for further upside before entering overbought territory. Additionally, the stock continues to trade above its 21-period Simple Moving Average (SMA), which is acting as a dynamic support level.

ALC is recommended as a new entry in the 'Momentum Model Portfolio' as on April 23, 2026. Considering the technical analysis, support and resistance levels, an 'Entry' is recommended in the 'Momentum Model Portfolio' at the closing price of CAD 21.980 as on April 23, 2026.

ALC’s Daily Chart

Support and Resistance Summary (As on April 23, 2026)

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 April 23, 2026. 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.

Key Risks: Technical indicators are backward-looking and may generate false or lagged signals, particularly during volatile or changing market conditions. Price trends may also be disrupted by fundamental, macroeconomic, or company-specific developments not captured in charts.

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.