ENB Ascending triangleHigher lows and about the same highs looking to break free like Ariana GrandeLongby jahoozy1
ENB Gap BuyInsert whichever narrative you like, problems on line 5, oil ripping past 60$, or there is a gap near 43.00. I would like to buy more ENB, but I would rather buy nearer to 40/43 where the yield is much better and it would not push my cost average to much higher. Also that wick-up that occurred a few days back. Doesn't always happen, but I find in many markets, those long wicks tend to get re-tested and sometime break lower for a bit before the market has decided to follow the path of said wick. Ideal buy would be between now and next ex-dividend date, but of course buying ex-dividend can yield a superior buy-price.by JJMa0
Trendlines Tell a Story Here... One of the cleanest trend-line charts. (Almost to the pennies here). Really liking this for a push up to upper ascending trend-line. Volume coming in and still within BB's. Perhaps a rebound back down to lower ascending trend-line. OR perhaps consolidation and a PUNCH through. Excited to see how this one pans out. I'm currently in long. With intent to partial out some at upper trend-line.Longby SpoTT77Updated 226
A decent buy and hold level for ENB - Deep valueI do own ENB, and I continue to add, but I wish I had been more patient in the last few months, but a dividend btw 7.5-9% is attractive for something that I will try to hold for 5-10 years if ENB continues to look strong financially. I Will purchase more near 34.50-ish region if we see those prices, call it a "fantasy order". Transferring cash and placing order today, will add more cash and increase order size as capital increases over the next few weeks. stockchase.com > 60% payout ratio is of course not ideal, but in this sector, it's not half bad. Will increase position size by 20% at 34.55 if that price becomes available, which will take into account an attempt to violate the market structure based on the weekly trend line support.Longby JJMaUpdated 6
Enbridge long playEnbridge long idea: - Break of triple top resistance level in symmetrical triangle pattern - Stochastic/RSI a lot of room to run on the monthly before reaching oversold - MACD monthly cross in the making - Momentum due to energy sector recovery - Quality dividend stock and rotation inflows This will take some time to play out but good risk to reward imo. As always trade at your own discretion and do your own DD!Longby SeqZ0
$ENB on the path to 50$$ENB has been a good recovery play. Slow and steady & great dividends. If you didn't catch the low entries, expect retest of 41$ before hitting 46$. IF clean break, on to 50$. Unlikely we fall below this zone. Longby IIICENSOREDIIIUpdated 116
ENBRIDGE now is in BUY Situation DailyHey guys, ENBRIDGE is in a bullish momentum with a return of buying volume and a shadow from sellers. On the TIMEFRAME M1 we see a tombstone with a large sales volume it is very plausible to breakout the price to breakout the range. And join the first top on TIMEFRAME H1 then test the next one in D1 and H4 with a target on the top. This follows on the same unit with the breakout test of a range which corresponds to half of the intermediate median. On ANDREWS PICHTFORK and a final touch on the symbolic figure of 32.00. Please LIKE & FOLLOW, thank you!Shortby stephanelibatd10102
$ENB With a neutral outlook after being place in Drift A$ENB posted earnings with a neutral outlook projected after a positive under reaction following its earnings with the PEAD placing the stock in Drift A. currently price is trading on the lower boundary of the projected PEAD cone. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us. by EPSMomentum1
LONG ENBExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.Longby jerryas0
Enbridge always a good dividend stock to have in portfolio may have found bottom waiting for 42.14 to confirm a uptrend Longby iEatBeaver6
ENBRIDGE Trade Setup - DailyChart speaks for itself. Note the amount of times the price has tested the moving averages. Me personally i don't like trading these middle zones and will wait for further confirmation of better low-risk high reward plays. Things to note: Still trading underneath a death cross. We've been on a bullish rally for over 2 months now hence why I am not in a rush to buy unless i see certain key zones broken. When I will buy: I'm looking for a bullish breakout and daily candle bodies to close and catch support above the 200MA. or Price dumps here and then I'll purchase much cheaper upon capitulation. ENB is a long-term hold for me anyways. Not trading advice, just my opinion. Safe trading, cheers.by thiluxan_sUpdated 334
ENB - Ascending Triangle I. Analysis 1. Stock has been making a series of HL, and leaning against the drawn resistance level 2. Price should have bounced back steeper after consecutive tests of the resistance area, but instead, buying pressure is stepping in at consistently higher levels. The above signals that a probable strong breakout is approaching. Just a as sidenote, this has set up has been highly lucrative over the past weeks with examples such as SU, KMI, CCL, CNK, DELL, FANG, INFO, KSS, KMI, RCL, SEIC, SLB, V, WYNN to name a few. II. Trade 1. Conservatively wait for a breakout or wait for a breakout and pullback // aggressively enter next candle 2. TP next selling pressure level/swing high 3. SL 1 ATR below low of the build up Plsd to hear yr commentsLongby ruben_rodrigues1
Sell signal for ENBRIDGE INC (ENB Stock)The price clearly formed a typical Two tops, RSI below 50, and showed an obvious diversion. Shortby Anas_Khder4
Uptrend band On a daily chart, it appears to be following an uptrend locked in those parallels formed between support and resistance.Longby JuanBluer5
ENBRIDGE INC possible a pullback towards the white arrow so retest the 46.42 to continue to fall. I will keep you posted if there are any changes. Thank youShortby GEKKOooL10