Kinder Morgan, Spectra Energy, Enbridge Energy Partners, and Energy Transfer Equity Under StockCall's Microscope
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For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/pdfnews/pdfnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130307:nPn3076321 LONDON, March 7, 2013 /PRNewswire/ -- Markets shrugged off the worries about spending cuts and continued their bull's run. However, oil prices still exert pressure on oil and gas pipeline companies and the stocks look range-bound. The Dow Jones ended its latest session at 14,296.24, up 0.30 percent while NASDAQ was down 0.05 percent to close at 3,222.37. Similarly, S&P closed on a positive note at 1,541.46, up 0.11 percent. Our research team took a look at Basic Material sector, more specifically the Oil & Gas Pipelines industry which includes major companies like Kinder Morgan Inc. (NYSE: KMI), Spectra Energy Corp. (NYSE: SE), Enbridge Energy Partners LP (NYSE: EEP) and Energy Transfer Equity LP (NYSE: ETE). StockCall has released full comprehensive research on KMI, SE, EEP, and ETE and these free technical analyses can be downloaded by signing up at http://www.stockcall.com/technicalanalysis Kinder Morgan Inc. traded in the range of $36.90 and $37.54 during yesterday's trading session. It opened at $37.54 and closed at $36.97, down 1.31 percent. The stock is currently in a neutral mode and has its first resistance level at $37.20. Upon breaching this level, the company may go as high as $37.83. It traded 2.92 million shares and is below its 20-day moving average price. Its first support level is at $36.63. So far in 2013, the stock is up 4.64 percent. Free technical analysis on KMI available by signing up at http://www.StockCall.com/KMI030713.pdf Despite the upward movement shown by broad market indices, Spectra Energy Corp.'s stock finished 0.99 percent lower at $28.91, with volume down from daily average of 6.31 million to 3.32 million. The company's stock is up so far in 2013 with its year-to-date gain at 5.59 percent. However, the stock currently shows a neutral trend which is further confirmed by the stock's MACD chart. Spectra Energy has its first support level at $28.61. In the coming trading sessions, the stock is likely to go as high as $29.01. Upon breaching this level, the stock may touch $29.58 level. Register today and access the free research on SE at http://www.StockCall.com/SE030713.pdf Enbridge Energy Partners LP's stock declined marginally in its latest trading session. The stock closed 0.36 percent lower at $27.71 with 1.06 million share volume. With the downward move, the stock is still down 0.68 percent for the year. In the past 52 weeks, Enbridge Energy is up 14.63 percent. The stock currently has support at $27.60 level. The stock's MACD chart shows a neutral trend and it may face its first resistance level at $28.42. Upon breaching this level, the stock may go as high as $28.83. The free report on EEP can be downloaded by signing up now at http://www.StockCall.com/EEP030713.pdf Shares of Energy Transfer Equity LP edged lower in its latest trading session on Wednesday. The stock closed 0.19 percent lower at $56.40 on above average volume of 1.43 million. Energy Transfer Equity LP shares have gained more than 24 percent this year, outperforming the broad market. It has support at $55.23. On the upside, Energy Transfer Equity has resistance level at $58. Upon breaching this level, the stock may go as high as $58.55. Despite the down move, the company's shares are still trading higher than their 50-day and 200-day moving averages. The stock's MACD is also trading above the signal line and the zero-line. Both of these are bullish signals. Free report on ETE can be accessed by registering at http://www.StockCall.com/ETE030713.pdf About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com SOURCE StockCall.com Contact Person:William T. Knight, Email: firstname.lastname@example.org, Contact Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST)
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