It took 7 years, but Enbridge Inc. (ENB) is back making new all-time highs. Throughout this time, the price fell to $20.22, the floor between the prior all-time high and the current one. Enbridge Inc. (ENB) stock inched last Friday a 1.40% closing at $41.37 and setting the new all-time highs at $41.49.
Since last July, Enbridge has been drawing an uptrend that so far marked a gorgeous 12.66%. During this uptrend, the price gave some entry points on the breakouts. Latest low was in mid-September, when price bounced at $38.56. Last Wednesday, Enbridge broke out above its last top ($40.49) giving a good entry point
Enbridge Inc. operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream segment invests in natural gas pipelines, and gathering and processing facilities in Canada and the United States.. The stock is part of the Oil & Gas Midstream industry in the Energy sector. The firm employs 11,200 people worldwide and it's based in Calgary, Canada. Find further information about the company at its corporate site at http://www.enbridge.com.