Post by
Quintessential1 on Jul 16, 2022 5:15pm
Any predictions on a share price run up before earnings?
I'll stick my neck out and say its going to jump the $55 resistance level and bump up against the $59 resistance again. Whether it jumps that level will depend on earnings and forward guidance but given full pipes and max volumes at peak rates, I do not see why not.
If it doesn't we collect a sweet 6.5% divy from here and the share price gets shoved down here again but no further. Higher highs and higher lows have this in an upward trading channel that keeps us rolling toward that north of $64 ATH target. The low will e around this level again and you can trade it if you feel lucky. Well do ya punks? LOL
Otherwise we try it again in the fall when demand is higher. It is going to happen eventually.
Go Enbridge! ;-)