Infrastructures, utilities and energy are very sensitive to interest rates as we saw in 2023. But this long term trend remains to be broken. The monthly RSI is at the 30% level now, the lowest level it has ever been. Price action started to bounce from there, creating a hidden bullish divergence (price making higher low while RSI making lower low). This stock is...
The PEAD projected a Bullish outlook for $BIP after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
$BIP with an positive under reaction following its earning, the PEAD projecting a neutral outlook for the Stock with price trading on the upper boundary of the projected PEAD cone. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Looking to get long for trend continuation. Buying pullback/breakout.
An intraday high potential, Back Tested Sort Analysis. We ll try to enter into the correction of the uptrend movement. DETAILS ON THE CHART NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
========BANKING ON DIVIDEND SECURITY======= Brookfield Infrastructure Partners LP engages in the operation of assets that generates cash flows and requires minimal capital expenditures. It operates through the following business segments: Utilities, Transport, Energy, Communications Infrastructure, and Corporate. The Utilities segment refers to the regulated...