$BEP PERFECT BREAKOUT IN BROOKFILED RENEWABLE.======PRICE TARGET $42 ======
BREAKOUT LEVEL $35, ABORT LONG BELOW THAT LEVEL.
COMPANY PROFILE
Brookfield Renewable Partners LP engages in owning a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, India, and China.. It operates through following segments: Hydroelectric; Wind; Solar; Storage and Other; and Corporate. The company was founded on June 27, 2011 and is headquartered in Hamilton, Bermuda.
Brookfield Renewable Partners LP 5.5 % Cum Red Perp Pfd Partnership Units A -Series 18- Reg S
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Market insights
BEP looking extremely bearish.Wouldn't be surprised to see this one take a big run downward here, perhaps not for long though. This is another pretty easy to trade dividend stock with a spectacular balance sheet. Predictably bounces at the key levels. If you can get it anywhere near $27 it won't let you down medium term, although renewables are out of favor and the chart looks quite bearish so be careful short term. Last years sell-off was ugly



