Brookfield Renewable Partners looks like it may have found a bottom from its roughly 20% decline from it ATH. The renewable energy sector could be a growth fad to some extent, however, my feeling is that if the renewable energy sector can scale and reduce the cost related to renewable energy technology, then why wouldn't it gain in market share particularly in...
On the 4hr BEP broke out of descending wedge, bounced off the 200MA with low RSI. Could be the bottom and the bounce back on the uptrend
Many utility stocks across the TSX and NYSE underwent a falling descending triangle - in fact, many of them seemingly corrected about 5% (ironically) on the same day and around the time (near when phase 1 progress was announced not long ago). Brookfield Renewable Partners (BEP) is one of the finest utility stocks as its led by Bruce Flatt who is regarded as one...
Please excuse the messy annotations. This is my first attempt to use Elliot wave . Based on my interpretation we are heading towards the end of a C subwave or the end of an wave 5 of an inverted impulse wave. if it heads towards the bottom end of the wedge and bounces it may be an abcde correction. overall if we take a step back and look i believe we are...
There's no question about it that one sector that will be extraordinary over the next half decade, decade and many decades after is renewable energy. The world is certainly transitioning - or attempting to transition - to fuel cells, wind, solar and derivatives in order to create a more "environmentally friendly earth". Brookfield has one of the best real-estate...