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DrewDimes
Oct 11, 2021 6:57 PM

BEPC looking to reverse momentum. Back to 41.50 Long

Brookfield Renewable CorporationNYSE

Description

After a month long selloff, I like BEPC here.

-MACD looks to be close to flipping to green on the daily
-Close to the bottom of the current channel, with a support level sitting at 37.50
-Volume looks good the past few days
-RSI coming out of the oversold ranges, but still looking pretty low
-Our current president has a boner over this renewable wind and solar shit. Even at his age. No blue pill needed.

For the reasons above I'm swinging the bat at this one.
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