Title
by Americanbulls.com LLC
Last Update
18/06/2019
ECA.TO
ENCANA
Last Signal: STAY SHORT
Last Pattern: BULLISH PIERCING LINE
Last Close:
6.5500
Change:
+0.0900
Percent change
+1.39%
Signal Update
Our system’s recommendation today is to STAY SHORT. The previous SHORT signal was issued on 17/05/2019, 32 days ago, when the stock price was 9.0100. Since then ECA.TO has fallen by -27.30%.
Market Outlook
Alarm bells are ringing for those holding short positions. We are on the verge of telling an end to the bearish phase in the market and acknowledge the ascendancy of the bulls. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a bottom reversal pattern with two candlesticks. A black candlestick appears on the first day while a downtrend is in progress. The second day opens at a new low, with a gap down and closes more than halfway into the prior black body, leading to the formation of a strong white candlestick. more...
Signal History
Date 
Price 
Signal 
 
CAD100⇨ 
17/05/20199.0100SHORT 116.01
15/05/20199.0300BUY 116.85
09/05/20199.0100SHORT 117.70
06/05/20199.1300BUY 119.87
30/04/20199.5200SELL 120.17
22/04/20199.8900BUY 125.15
16/04/20199.7800SHORT 127.21
05/04/20199.4700BUY 123.80
03/04/20199.5300SELL 124.11
01/04/20199.8900BUY 129.12
22/03/20199.7000SELL 129.44
11/03/20199.1350BUY 122.21
27/02/20199.0500SELL 122.52
14/02/20198.5700BUY 116.31
22/01/20199.0700SELL 116.60
27/12/20187.7400BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
17/05/20199.0100SHORT 135.74
15/05/20199.0300BUY 136.72
09/05/20199.0100SHORT 137.71
06/05/20199.1300BUY 140.24
30/04/20199.5200SELL 140.59
22/04/20199.8900BUY 146.42
16/04/20199.7800SHORT 148.83
05/04/20199.4700BUY 144.84
03/04/20199.5300SELL 145.20
01/04/20199.8900BUY 151.06
22/03/20199.7000SELL 151.44
11/03/20199.1350BUY 142.98
27/02/20199.0500SELL 143.34
14/02/20198.5700BUY 136.08
22/01/20199.0700SELL 136.42
27/12/20187.7400BUY 116.71
04/12/20188.9300SHORT 103.50
29/11/20189.2500BUY 107.75
26/11/20189.3800SHORT 106.81
22/11/20189.8900BUY 113.18
13/11/201811.0500SHORT 102.94
09/11/201811.6500BUY 109.07
04/10/201816.8000SELL 109.34
18/09/201816.1900BUY 105.63
08/08/201817.6600SELL 105.89
19/07/201817.1900BUY 103.33
29/06/201817.2200SELL 103.59
20/06/201816.5400BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
17/05/20199.0100SHORT 233.80
15/05/20199.0300BUY 235.50
09/05/20199.0100SHORT 237.21
06/05/20199.1300BUY 241.58
30/04/20199.5200SELL 242.19
22/04/20199.8900BUY 252.23
16/04/20199.7800SHORT 256.38
05/04/20199.4700BUY 249.50
03/04/20199.5300SELL 250.13
01/04/20199.8900BUY 260.23
22/03/20199.7000SELL 260.88
11/03/20199.1350BUY 246.30
27/02/20199.0500SELL 246.92
14/02/20198.5700BUY 234.41
22/01/20199.0700SELL 235.00
27/12/20187.7400BUY 201.04
04/12/20188.9300SHORT 178.29
29/11/20189.2500BUY 185.61
26/11/20189.3800SHORT 183.99
22/11/20189.8900BUY 194.97
13/11/201811.0500SHORT 177.33
09/11/201811.6500BUY 187.90
04/10/201816.8000SELL 188.37
18/09/201816.1900BUY 181.99
08/08/201817.6600SELL 182.45
19/07/201817.1900BUY 178.04
29/06/201817.2200SELL 178.49
20/06/201816.5400BUY 171.87
14/06/201816.6000SELL 172.30
07/06/201816.1250BUY 167.79
29/05/201816.2200SHORT 167.65
04/05/201816.7300BUY 173.79
27/04/201816.1300SELL 174.23
11/04/201814.5400BUY 157.45
09/04/201813.7850SHORT 167.41
05/04/201813.9100BUY 169.78
23/03/201815.0900SELL 170.21
13/03/201814.1600BUY 160.12
27/02/201813.8800SHORT 164.24
14/02/201813.7800BUY 163.88
26/01/201816.5200SHORT 141.27
22/01/201816.9600BUY 145.76
18/01/201816.6300SELL 146.13
09/01/201816.9600BUY 149.40
04/01/201817.0600SELL 149.77
20/12/201714.7400BUY 129.73
04/12/201715.0900SHORT 127.43
24/11/201715.1600BUY 128.66
13/11/201715.7300SELL 128.98
27/10/201713.8800BUY 114.10
20/10/201714.3400SELL 114.39
18/10/201714.5000BUY 115.96
03/10/201714.5000SELL 116.25
12/09/201711.6200BUY 93.39
08/09/201711.4300SHORT 95.45
31/08/201711.6100BUY 97.44
25/08/201711.4500SHORT 99.32
23/08/201711.5100BUY 100.34
15/08/201712.0700SHORT 96.37
08/08/201712.4100BUY 99.58
31/07/201712.5500SELL 99.83
11/07/201711.4000BUY 90.91
07/07/201710.8000SHORT 96.74
23/06/201711.0800BUY 99.75
† Trade commissions are taken as 0.25%.

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Canadabulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Canadabulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Canadabulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Canadabulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.