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Enbridge Inc

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ENB trade ideas

Enbridge $57 TargetOne of the largest dividend payer on the TSX set to increase that dividend by the end of year/early 2022 They move 25% of nat gas in canada and us on top of solid portfolio of renewable assets Doesn't get more blue chip stock than this. I like to focus my portfolio on companies that are leaders in whatever field they operate in and have shown clear outperformance against peers and Enbridge fits that bill January calls with a 57/58 strike is how I am playing it.
TSX:ENBLong
by AthenaCapital
NatGas is not Oil ENB Distribution OccurringNear the upper end of the range, have been waiting and accumulating fiat, would have loved to buy lower but cash came in one day late for me and now I am looking to buy my next tranche of ENB, but I am loathed to do it in the upper mid 40s. There is about 2 Month till the next Ex-dividend date and there is still time to range on this one. Anything can happen and at near 7.5% yield, this is a decent buy and hold for years. Most of my purchases of ENB have been at the Mid to High 30s and Low 40s so I would like to keep my cost average down. So back to my point, NatGas is not oil, so when Oil rips higher, a lot of newer investors look at ENB and their very decent yield and assume mistakenly that the rip in oil will boost ENB. To a certain extent it helps ENB, but ENB is not a pure oil play. ENB is very much a NatGas play and as we approach spring (very soon) the need for heating starts to end and we are not warm enough for Air Conditioning in the Northern Hemisphere. Spring time is usually a good time to buy ENB based on the yearly cycle, so my thesis is to wait and accumulate cash and look to target a move down for adding or starting a position. Again, this one is a good Buy and Hold and from a personal point of view, I would like to increase my holdings on this one by 50%->100% more. Might be using left over Gold via PMs to do that, as it does nothing for me in the long run. Perhaps I can thread the needle and if the bounce in Gold is meaningful, and enough people buy the inflation story, we can see Gold try to limp back to above 1800. On the topic of Gold, probably we will see crabbing (market losers who got their timing wrong and are looking to exit with reduced loses, and thus we have a fair amount of retail sell pressure), and the usual nonsense with people looking to exit all the way up on any decent rallies, this would be retail looking to cut losses when they bought near multi-year highs. I'm not in that position, my PM advisor is all risk free as I have taken my original investment out and I really don't care what happens to it. Not saying gold is dead, but it is a rich man's game, and a central banker's game. Would rather have dividends than this security blanket.
TSX:ENB
by JJMa
ENB Gap BuyInsert whichever narrative you like, problems on line 5, oil ripping past 60$, or there is a gap near 43.00. I would like to buy more ENB, but I would rather buy nearer to 40/43 where the yield is much better and it would not push my cost average to much higher. Also that wick-up that occurred a few days back. Doesn't always happen, but I find in many markets, those long wicks tend to get re-tested and sometime break lower for a bit before the market has decided to follow the path of said wick. Ideal buy would be between now and next ex-dividend date, but of course buying ex-dividend can yield a superior buy-price.
TSX:ENB
by JJMa
A decent buy and hold level for ENB - Deep valueI do own ENB, and I continue to add, but I wish I had been more patient in the last few months, but a dividend btw 7.5-9% is attractive for something that I will try to hold for 5-10 years if ENB continues to look strong financially. I Will purchase more near 34.50-ish region if we see those prices, call it a "fantasy order". Transferring cash and placing order today, will add more cash and increase order size as capital increases over the next few weeks. stockchase.com > 60% payout ratio is of course not ideal, but in this sector, it's not half bad. Will increase position size by 20% at 34.55 if that price becomes available, which will take into account an attempt to violate the market structure based on the weekly trend line support.
TSX:ENBLong
by JJMa
ENBRIDGE now is in BUY Situation DailyHey guys, ENBRIDGE is in a bullish momentum with a return of buying volume and a shadow from sellers. On the TIMEFRAME M1 we see a tombstone with a large sales volume it is very plausible to breakout the price to breakout the range. And join the first top on TIMEFRAME H1 then test the next one in D1 and H4 with a target on the top. This follows on the same unit with the breakout test of a range which corresponds to half of the intermediate median. On ANDREWS PICHTFORK and a final touch on the symbolic figure of 32.00. Please LIKE & FOLLOW, thank you!
NYSE:ENBShort
by stephanelibatd
10
ENBRIDGE Trade Setup - DailyChart speaks for itself. Note the amount of times the price has tested the moving averages. Me personally i don't like trading these middle zones and will wait for further confirmation of better low-risk high reward plays. Things to note: Still trading underneath a death cross. We've been on a bullish rally for over 2 months now hence why I am not in a rush to buy unless i see certain key zones broken. When I will buy: I'm looking for a bullish breakout and daily candle bodies to close and catch support above the 200MA. or Price dumps here and then I'll purchase much cheaper upon capitulation. ENB is a long-term hold for me anyways. Not trading advice, just my opinion. Safe trading, cheers.
TSX:ENB
by thiluxan_s
3