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Brookfield Infrastructure said David Nowak, President of Brookfield’s Private Equity Group, appeared on the Alts Goes Mainstream podcast. He spoke about the evolution of the company's private equity business.
Nowak also addressed Brookfield Infrastructure’s focus on investing in essential businesses and products. The company shared a link to the full podcast episode.
BIPC is trading at $37.76, well below the MA-20 ($43.99), MA-50 ($46.42), and MA-200 ($43.75), which confirms persistent selling pressure across short-, medium-, and long-term trends. The Ichimoku Kijun on D1 stands at $43.85, creating an immediate resistance above the current price. Near-term support is clustered around the HMA ($37.32), while key support aligns with the 52-week low at $32.08. Near-term resistance is defined by the MA-20 at $43.99, with key resistance at the MA-50 ($46.42) and the Ichimoku Kijun ($43.85).
Momentum indicators on D1 paint a decisively bearish picture. MACD and ADX both signal strong downside momentum, and RSI sits at 20.38, deep in oversold territory. Stoch RSI, BBP, and CCI are all flagged as oversold, signaling aggressive seller dominance intraday, with BBP at -2.76 and CCI at -113.72. The Awesome Oscillator on D1 supports the prevailing downtrend. In today's session, the stock dropped 2.38%, reflecting persistent sell pressure. For the week, BIPC is down $3.09 from $40.85, a steep 7.56% decline, currently at the very bottom of the weekly range with weekly volatility at 9.73%. This sharp weekly downturn confirms a steady decline from recent highs, with momentum and oscillators aligned in negative territory.
Looking ahead, the expected trading range for the next week is $35.80 to $39.65, adjusted for current volatility and anchored to this week’s lows. This band sits closer to the lower end of the annual range, well above the 52-week low of $32.08 and far from the 52-week high of $51.72. Based on a strict count of Buy signals on W1 (none found), the probability of a meaningful price rebound is very low (less than 20%), making further declines far more likely. The baseline scenario sees BIPC moving sideways between support at $35.80 and resistance at $39.65. A bullish scenario would require a break above $39.65, targeting the $42.00 area. A bearish breakdown below $35.80 could open the way for a retest of the 52-week low, especially if negative momentum persists.