📝 1. Introduction
Brookfield is a global asset company active in a variety of industries, including Renewable Power and Transition, Infrastructure, Private Equity, Real Estate, and Credit and Insurance Solutions.
With approximately 180,000 employees in more than 30 countries, the company has an extensive network of investments and operations around the...
$BEPC (Utilities - Renewable)
HTF setup, now within a pennant range. hv already violated the momentum of its year long downtrend channel, and trading above VWAP from ATH reflecting significant accumulation in its past 2 mths rally
pivot on weekly is at $45. pennant BO at $43.50
Brookfield Renewable Partners looks like it may have found a bottom from its roughly 20% decline from it ATH.
The renewable energy sector could be a growth fad to some extent, however, my feeling is that if the renewable energy sector can scale and reduce the cost related to renewable energy technology, then why wouldn't it gain in market share particularly in...
$ BPY $BPY.UN has a great portfolio of residential/office/ commercial properties. It s now trading at 30% of NAV. The malls has been affected by Covid 19 but the great location would help BPY to survive this crisis like the ones before.
I think 2 senario for the shares:
1- No Div Cut
2- Div Cut
The second scenario may cause the shares to drop in a short term...
Over the next few months the price of BAM could rally following the confirmation of a pipe bottom pattern. I'm watching for a breakout above about 42 (top of the red candle wick).
Target: 44.4
Stop: 36.6
Best of luck with your trading. Like the idea if you agree, and let me know what you think in the comments.
Theoretical repeat of the 2008 recession scenario played out against current high of $72.74. Drop into buy zone would reach $40 with a 0.618 fib retrace take profit sell target above $60.
