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Bullboard - Stock Discussion Forum iShares S&P/TSX Capped Energy Index ETF T.XEG

Alternate Symbol(s):  IUNSF

The investment objective of the Fund is to provide long term capital growth by replicating, to the extent possible, the performance of the S&P TSX Capped Energy Index the Index, net of expenses. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment in one or more iShares ETFs and/or through the... see more

TSX:XEG - Post Discussion

iShares S&P/TSX Capped Energy Index ETF > XEG just made contact...
View:
Post by dragshot on May 11, 2023 10:54am

XEG just made contact...

with a very important trendline which if broken, could result in some serious price consolidation of energy stocks.  A broken trendline doesn't always mean immediate change in direction.  Bounceback may occur first.  Just something to look out for, that's all.
Comment by dragshot on May 16, 2023 12:46pm
Today, the line is getting pounded.  The battle rages on.  GL 
Comment by dragshot on Jun 06, 2023 6:31am
Chart still not looking very good.  I'm holding off buying for now.  GL  
Comment by dragshot on Jun 20, 2023 11:52am
XEG just broke the trendline.  Let's see how the day goes.  Hard to say if we'll see a bit of a rebound first before a full on decline.
Comment by EdPaquette on Jun 20, 2023 8:35pm
Are you referring to the 200 day moving average? 
Comment by dragshot on Jun 21, 2023 5:27am
No.  I'm using a trendline. 
Comment by dragshot on Oct 04, 2023 10:43am
We did see a rebound and now the decline begins.
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