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zhengster
Feb 19, 2017 8:49 AM

Dominion upward trend for couple months Long

Dominion Energy, Inc.NYSE

Description

The price is still in correction stage after post income and people are undecided. However, dividend is increased by $0.05 compared to last year and it is almost dividend date. This should push the undecided people to buy. Also I notice recently energy and natural gas company price dropped but this does not and I think this is the lowest for these few months. I should go up to 75ish before ex dividend date 3/1/2017 but may go even higher afterward. Even if it drops before or after ex-dividend date, the following month or two will be followed by a upward correction and break even at the worst case in 2 months from now. I am predicting this move base on the past waves especially the MACD line. If MACD blue line can hit zero it will continue to go up! Estimate >4% increase in price in 1-2 months.
Comments
ccrepon88
Was about to post a similar chart today highlighting the past 5 days. I'm not educated well in investing but it looks relatively volatile in short-term resolutions, to me. Also their nuclear power plants have planned outages each year for however many months at a time, and I"m not sure if that could affect the price. It's rated as a good buy thought now by the screener.
zhengster
Its going!
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