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ABG1968
May 4, 2023 4:16 PM

AQN long  Long

ALGONQUIN POWER AND UTILITIES CORP.NEO

Description

Simple long because of the patterns and the fact they renounced to Kentucky investment , that in itself give them the room to [url=] build safe. Good cash flow.

Comment

Inverted H&S pattern original medium long bullish for 91 days target to C12.80-C$ 13.20 follow up by a more recent ascending wedge confirmed yesterday with a target for the next 15 days at about C12.80 to 13.08. As you can see delta on volume is still on positive values and that coupled with what i said about renouncing to put pressure over their short term cash flow that is good. I am looking to achieve the first target

Comment

Earnings on 11.05.23 Please read Zack's comments about it , overall they are expected to not deliver a surprise but in their situation if the come under not bad that will be a good news and the price will most probably go up. Still long for me.

Comment

Technically closed on top of the pivot. 8:30 earnings, fingers crossed

Comment

There you go guys , sold at C$12.30 i will renter I will let you know I do believe this is a very nice company to make some good dollars in the next 1 year or so . ( This is really under valuated and has potential to grow therefore a good pot for swingers like me .

Trade closed: target reached

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