This stock has a long history of bouncing back from major declines, it will likely do so again.
However, it does so over a long timeframe.
This is a safe bet, but not a good bet. Likely to take 18 months to reach maturity
The PEAD projected a Bullish outlook for $TRP after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%.
The PEAD projected a Bullish outlook for $TRP after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 60%.
stock I have been watching for two years on wealthsimple---
will continue watching
as well I will be posting two more energy corporations that I am invested into
ascending triangle on daily.
i will most likely wait for breakout before considering a position.
Rsi shows its oversold so i expect a move in next few weeks possibly if not sooner.
TC Energy Corp looks like it may flip from here. Within the March Low Range.
Small recovery last week looks like it triggered a reversal. Keep a close eye. Had to break and hold red fib.
Entered at 52$
Looking for at least 61.50$
Zooming out from all the way back to 2000, whenever price has dipped below the 200 ema it has bounced back up, moreover it has respected this long term trendline ( closing price) . I think it's fair to say we can ignore the corona crash as that was pure panic.
Taking a look at the daily we can see it has reached oversold conditions along this trendline and it's...
TF: Week and 12 Hr.
TRP looks like it could move higher. Price recently broke out of a corrective formation and may be coming back down to test it. If this area holds I think we will move higher
Hey people, TC ENERGY CORPORATION is in a bullish candle hammer configuration low buying volume, great possibility of breaking the fibonnaci with force and being in the bullish gap to seek the previous lower of this one.
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• TRP
• Why enter? Closing over 5ema showing short term strength. Bull flag on the daily chart. Found support on the 20ema.
• Entry: 52.76
• Stop loss: 52.42 (-.06%)
• Profit target 1: 53.84 (2.04%)
• Profit target 2: 55.95 (6.04%)
