Bullish on Pembina Pipeline Corp.

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Pembina Pipeline Corp. (PPL-T) shows a bullish outlook, having broken out of a consolidation phase. The stock’s previous advance from $38.79 to $60.72, supported by a rising trendline and its 40-week moving average (40WMA), suggests a new uptrend. While currently experiencing a modest pullback, this may offer a favorable entry point, with the bullish view weakening only if it falls below the 40WMA near $54-$55.

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