randomname11

Stock to watch: Emera Inc (EMA)

Long
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TSX:EMA   EMERA INC
EMA

An interesting stock for a swing trade: Buy/Sell Zones puts the price in the green zone + we may see a compression towards 0 Fibonacci. Analyst expectations for this assets are quite low yet historically this led to an increase in price.
Short-term Long targets are 0 Fib: 57.17 and previous high: 60.94.
Long-term target is 1 Fibonacci.
Invalidation: going below 52.66 - 52.00 (previous low) and anchoring there.

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