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Bullboard - Stock Discussion Forum Innergex Renewable Energy Inc T.INE

Alternate Symbol(s):  INGXF | T.INE.PR.A | T.INE.PR.C | T.INE.DB.B | T.INE.DB.C

Utilities Utilities - Independent Power Producers
Innergex Renewable Energy Inc. is a Canada-based independent renewable power producer. The Company develops, acquires, owns and operates hydroelectric facilities, wind farms, solar farms and energy storage facilities. It operates in three segments: hydroelectric power generation, wind power generation, and solar power generation. It conducts operations in Canada, the United States, France and... see more

TSX:INE - Post Discussion

Innergex Renewable Energy Inc > Long term support ?
View:
Post by incomedreamer11 on Mar 08, 2021 9:51am

Long term support ?

What is support for shares price-around 14-15$ ?

I 'm expecting to by around this price, your thoughts ?
Comment by daddyMac9 on Mar 08, 2021 12:58pm
This has certainly been pummelled and will likely stay weak until the full impact of Texas wind is known.  Hydro-Quebect bought 20% of Innergex back in Feb-20 at $19/share so that feels like a reasonable near term support level to me.
Comment by tayson on Mar 11, 2021 1:11pm
First support level is at $21.50, which has just been tested.  Too early to say if this support holds but initial indication is positive. If it breaks, next major support appears to be around $17.50.  Barring some additional global or company disaster I don't see it breaking that support.  Tayson
Innergex Renewable Energy Inc
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