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Morning Alert: Enbridge Inc Preference Share Series 3 inches higher, resistance at 12-day EMA 09 March 2017 11:18 EST

Mar 9, 2017 - News Bites Canadian Markets


Enbridge Inc. (TSX:ENB.PR.Y), Canada's 12th largest Oil & gas - midstream company by market cap, traded between an intraday low of CAD18.94 and a high of CAD19.21. The price range has expanded in the last two days (from 15.0c two days ago to 27.0c today) which, accompanied by a price rise, is a bullish signal. The average daily volatility of 1.7% places the preference stock in the 4th quartile in the market, meaning it is the least volatile. Today its volatility

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