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Encana Corporation Message Board

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  • andevenabs andevenabs Jul 30, 2006 2:23 PM Flag

    ECA in danger of moving down

    wrong.

    Encan price action is largely correlated with NG prices.

    In fact, with NG so low right now, I am very impressed that ECA is above $50.

    Should NG rise above $12 this fall, due to hurricanes, demand spikes and the like, I see ECA hitting $60 with the possibility of printing historic highs.

 
ECA
10.93-0.32(-2.84%)Mar 27 4:02 PMEDT