March 12 of 2018
As I had explained, my entry in this position was moderate, the reasons were explained earlier.
Two weeks have passed and the averages have remained neutral, but today something different happened,... the indicator Aroon Up25 down 25 finally showed a trend change, that is, its positive and negative lines cross and this shows us a unique event that in 90% of the times the price change radically.
So in the next sections, we will see a price increase on the support and auto-correction line.
The Bollinger Bands are very constricted, and that's another evidence of a price explosion, even though the $ Williams %R 14 indicator is shown in its reversal level, I see that it has reached this point in a soft and cumulatively logical way, so the movement will not be beyond self-correction, I believe in that.
February 15 of 2018
Upgrading after the Earning Report
As I had calculated the opening was positive, but as soon as the market absorbed the data the price returned to negative levels and its averages put it in a downward trend.
increase the escalation, but as soon as the price fell I stopped the increase in purchases, keeping my average price paid in 10.98, but my Cash Flow is above 86% and I have to be careful or increase my Marginable Securities to avoid being unfunded.
However, the averages are going to keep this action in positive territory in the next few weeks.
The volume traded today exceeded 10 million euros, which was the same as the previous day, a sign of change for this share, so doubts can increase and keep negative averages for a short time.
Upgrading Data
The Big Day
Before the earning quarter report
We are waiting for the earnings report for the last quarter of 2017, averages are indicating that the market is expecting good numbers.
Due to the uncertainty of the market, I have decided to have moderate investment levels to avoid red numbers that exceed my negative margins for reports of this type.
Tomorrow I will be adding more volumes depending on the level of surprise generated by this quarterly report.
Increasing working capital from $4,500 to $25,000 in cash for a marginal value of over $75,000.
The averages in my fund manager's "Trend Performance" section are showing me correct neutrality, we will see tomorrow whether the stock will have a buying or selling tendency.
The averages in my fund manager's "Trend Performance" section are showing me correct neutrality, we will see tomorrow whether the stock will have a buying or selling tendency.
February 12 of 2012
Updating Data and Charts
So far I have maintained my moderate investment level, awaiting clear indicators and the quarterly earnings report for February 15.
I have changed the escalation levels for every 0.35 cents change in price, from an initial amount of 0.15 due to the lack of confidence in the performance of this stock and because my cash flow indicator is at 67.06%, already almost at a capital risk level.
Weekend Roll-Over
Long Position open February 8 of 2018
taking into account the situation in the markets, the opening of this position should be moderate and scaling up. The company will present its quarterly reports on February 15 before the opening of the market, and although there is confidence among analysts that this report will be good, it is not advisable to play with this earnings report, please keep this investment moderate until such time as it is known from this earnings report.
February 8 of 2018
Search Results
Jefferies Group Analysts Give Encana (NYSE:ECA) a $17.00 Price ...
StockNewsTimes-13 hours ago
Encana Corp logo Jefferies Group set a $17.00 price target on Encana (NYSE:ECA) (TSE:ECA) in a report issued on Tuesday, January 30th. The firm currently has a buy rating on the oil and gas company's stock. Jefferies Group also issued estimates for Encana's Q4 2017 earnings at $0.11 EPS, FY2017 ...
Encana to hold conference call and webcast of 2017 fourth quarter ...
GlobeNewswire (press release)-11 hours ago
GlobeNewswire (press release)-11 hours ago
Encana Corp (ECA) Expected to Post Q1 2018 Earnings of $0.20 ...
StockNewsTimes-7 hours ago
Encana Corp (NYSE:ECA) (TSE:ECA) – Equities research analysts at Jefferies Group increased their Q1 2018 earnings estimates for Encana in a report released on Tuesday, according to Zacks Investment Research. Jefferies Group analyst Z. Parham now expects that the oil and gas company will post ...
Encana Corp (ECA) Given Average Recommendation of “Buy” by ...
Dispatch Tribunal-5 hours ago
Dispatch Tribunal-5 hours ago
Encana (NYSE:ECA) Upgraded at Morgan Stanley
The Ledger Gazette-Feb 3, 2018
Encana Corp logo Morgan Stanley upgraded shares of Encana (NYSE:ECA) (TSE:ECA) from an equal weight rating to an overweight rating in a research report report published on Wednesday, January 24th, Marketbeat reports. The firm currently has $18.00 target price on the oil and gas company's stock, ...
