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motleifaul
Jun 20, 2023 4:58 PM

Correcting Short

Constellation Energy CorporationNASDAQ

Description

After the outbreak at the beginning of May we've seen a straight upward move without any major correction. Now that the overall mood turns to the downside Costellation may want to follow this mood. A healthy correction may be needed to continue a possible rise. But as long to many people are sitting on profits there is always a danger of a correction to take profit to avoid losing parts of it.

Comment

A fast fine profit. Hopefully all the 15 viewers here have followed.
Comments
derunning
Maybe back to the 100DMA, as long as general markets stay short term bullish.
motleifaul
@derunning, completely possible. Hope you are in, friend.
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