Enbridge Inc T.ENB

WOW

[corvette67]

The DOW is 500 points away from a 52 week low. Quite the correction! GLTA

[FiddyFiddyOddzz]

[ckwong]

Dow dropped 3.6% and ENB 1% yesterday. Dow was down 9% from its peak and rebounded 5%. ENB dropped 7% from its peak and rebounded 5%. Which one you would like to hold on or you prefer to sell everything?

[Quintessential1]

It is a pretty easy choice on which to hold as the DOW is down for the last 5 days, YTD, and year. Where as ENB is up 3% over the last 5 days,  +15% YTD and up 23% from this time last year and currently yielding 6%.   If you can find a better, safer investment that pays 6% per year go for it. Go Enbridge! ;-)

[NPCexe]

Best wait to buy back ENB closer to 52 though

[Quintessential1]

Yeah wait for 52 before you buy back. Also wait for the housing bubble to burst before you buy a house. Keep that cash in your high yield interest account earning 2 3/4%...maybe...taxed at full rate. good plan.

[NPCexe]

Getting there! Hahah, sorry ckwong, I didn't want to be right about ENB

[ckwong]

If it works for you, I would happy for you.

[silkos]

While these are not always spot on, investors should pay attention! Enbridge Double Top 2022 Jun 16 Daily Intermediate-Term Bearish Volume 5,123,895 Close Price 52.98 Target Price 49.60 - 50.60 Pattern Duration 77 days Inbound Trend Duration 65 days Tells Me: The price seems to have reached a top, after failing to break through a resistance level and ultimately breaking downward in a sign of

[NPCexe]

I'm gonna look at maybe adding some today or Monday. It still has room to bleed because of the sheer panic

[yggdrasill]

I'm thinking about it, too. But I have a feeling the whole market has a lot further to go, so I wonder if I should keep more powder dry for other stocks that may be priced at an even bigger bargain in the next few months.

[corvette67]

On the open the DOW will be lower than the 52 week low. HOW LOW WILL IT GO! GLTA