WBG20

Update on ED

Long
NYSE:ED   CONSOLIDATED EDISON INC
46 views
5
Nice bounce of the bottom in the up-channel for ED. Higher low indicating another bullish move. Bulls have recaptured momentum on the hourly and 2hr but its still too early to confirm bullish divergence on the daily. A cross of the 7SMA and 14SMA would indicate safer entry point. Target at 1 Fib Extension.

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