Post by
Deaner on Dec 15, 2019 2:21pm
Will Monday be up or down?
What do you guys think Monday will bring? Encana up or Encana down? I bought Encana at $5.62 last Friday.
Comment by
Etstedesco on Dec 15, 2019 4:36pm
Check the futures for pricing around 8pm. See how overseas markets are doing. Lots of oil news coming out over the week. Now that the trade deal is out we need confirmation on how it's perceived. Let's hope for a favourable uptic. Glta
Comment by
SUNDAYVidzz on Dec 15, 2019 6:14pm
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Comment by
regardless on Dec 15, 2019 11:34pm
Just watch as soon as EncAna moves to the USA they will be poached weak management, ceo with no skin in the game he's just looking to sell out or he's got a golden parachute waiting and a deal allready negotiated in principle
Comment by
Fastlane2 on Dec 16, 2019 7:47am
As crazy as this might sound, Encana's rise is not about today (Monday) or rising oil, it's about the China deal. The second we get word that Trump has signed a deal this takes a run at $7.00 cdn. Watch the volume as the leading indicator, we will have the trade of the century on our hands, could be a great Santa Claus rally.
Comment by
Fastlane2 on Dec 16, 2019 5:58pm
This is it people, this is the run we wanted, $6.50 - $6.75 cdn by Wednesday. Gap up with volume and if Trump tweets the deal is done boom $7.00 cdn with shorts unwinding positions very quickly.
Comment by
Deuteronomy818 on Dec 16, 2019 6:03pm
Glad to have had an opportunity to sell this dog at a profit today. Hope it keeps going higher... glta
Comment by
Fastlane2 on Dec 24, 2019 10:42am
December 30th. into the new year we will see higher highs, this wants to go up, I'm waiting on some strong volume then a run to $7 cdn.
Comment by
moneypenny on Dec 24, 2019 12:06pm
Yes, I think it wants to go up too. Only tax loss selling hurting the stock at the moment I believe. With stronger oil prices due to decrease in USA rig count and frac fleet count (due to lack lustre performance from shale wells) and tightening of oil from opec. This could have a great 2020 moneypenny