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Enbridge Inc T.ENB

Alternate Symbol(s):  ENB | T.ENB.PF.A | T.ENB.PF.C | T.ENB.PF.E | ENBOF | ENBFF | T.ENB.PF.G | EBBNF | T.ENB.PF.U | T.ENB.PF.V | EBGEF | T.ENB.PR.A | ENBGF | T.ENB.PR.B | EBRGF | T.ENB.PR.D | EBRZF | T.ENB.PR.F | T.ENB.PR.H | ENBHF | T.ENB.PR.J | ENBRF | T.ENB.PR.N | ENNPF | ENBMF | T.ENB.PR.P | T.ENB.PR.T | T.ENB.PR.V | EBBGF | ENBNF | T.ENB.PR.Y | T.ENB.PF.K | T.ENB.PR.G | T.ENB.PR.I | T.ENB.PR.Z

Enbridge Inc. is an energy transportation and distribution company. The Company operates through five business segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Liquids Pipelines consists of pipelines and terminals in Canada and the United States that transport and export various grades of crude oil and other liquid hydrocarbons. Gas Transmission and Midstream consists of its investments in natural gas pipelines and gathering and processing facilities in Canada and the United States. Gas Distribution and Storage consists of its natural gas utility operations. Renewable Power Generation consists of investments in wind and solar assets, geothermal, waste heat recovery, and transmission assets. Energy Services provides physical commodity marketing, logistics services, and energy marketing services. The Company owns Aitken Creek Gas Storage facility and Aitken Creek North Gas Storage facility.


TSX:ENB - Post by User

Comment by silkoson Jan 20, 2021 9:54am
249 Views
Post# 32332687

RE:RE:RE:RE:RE:Fiddy Call

RE:RE:RE:RE:RE:Fiddy CallFiddy, Hear me out - the big whale that's been buying does not want the stock to jump. This is controlled, they want to keep the price under control to buy. You'll notice that if indeed WB is buying and the news are out, the stock will jump past resistance points as other funds will have a second look at the stock and might decide to get in. Let's assume that  Let's wait to have ENB a few days (the more the better) in the 45.30 - 45.90 range and you'll see it fly higher.

Also, it's very likely that it's just one player interested in ENB, these crosses are not unnoticed.

You can see that the Institutional holding jumped 10% this year alone: 
https://money.cnn.com/quote/shareholders/shareholders.html?symb=ENB&subView=institutional

More about ENB resistance points: 
https://www.barchart.com/stocks/quotes/ENB.TO/cheat-sheet


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