Enbridge Inc is a natural gas distribution company. We can see that there is a “Go” trend in place as GoNoGo Trend paints strong blue bars and with the current session price is trying to make a new intermediate high.
GoNoGo Oscillator had fallen to the the zero line as price corrected but now appears to have found support at that level as it breaks out of the GoNoGo Squeeze on heavy volume. We can now look for price to make a push for solidifying a new high.
