BEP is a longer term buy and hold for me that I like with its push into the renewable energy segment. $16B market cap and $1.9B EBITDA its a whale of a company that can hopefully carve out a leadership position in this space. Nice and steady trending stock. Could be worth a look. Brookfield Renewable Partners LP engages in owning a portfolio of renewable power...
- Stoch oversold - Hammer on support line with same volume as the red candle the day before - Company earnings increasing to positive from negative
======PRICE TARGET $42 ====== BREAKOUT LEVEL $35, ABORT LONG BELOW THAT LEVEL. COMPANY PROFILE Brookfield Renewable Partners LP engages in owning a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, India, and China.. It operates through following segments: Hydroelectric; Wind; Solar; Storage and Other; and...
Engulfing bullish candlestick in BEP on a daily scale.
Wouldn't be surprised to see this one take a big run downward here, perhaps not for long though. This is another pretty easy to trade dividend stock with a spectacular balance sheet. Predictably bounces at the key levels. If you can get it anywhere near $27 it won't let you down medium term, although renewables are out of favor and the chart looks quite bearish so...
Selling at the Top of a correction in a bigger down trend