Enbridge 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...
$ENB has been a good recovery play. Slow and steady & great dividends. If you didn't catch the low entries, expect retest of 41$ before hitting 46$. IF clean break, on to 50$. Unlikely we fall below this zone.
Hey 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...
$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...
always a good dividend stock to have in portfolio may have found bottom waiting for 42.14 to confirm a uptrend
Chart 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...
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...
MORE POTENTIAL THE ENB STOCK WILL BE DOWN BETWEEN 42.00 OR 41.00 PRICE
The price clearly formed a typical Two tops, RSI below 50, and showed an obvious diversion.
On a daily chart, it appears to be following an uptrend locked in those parallels formed between support and resistance.
good sgnal of shorting in 15 min i get my profit it sow gooood
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 you
more potential the ENB stock will down just 40.50 or less prices while next days