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Peet_Serfontein
Aug 31, 2022 8:43 AM

ETR: back to its 200-day sma? Short

Entergy CorporationNYSE

Description

A price action below 119.00 supports a bearish trend direction.
Crossing above this level will negate the bearish stance.
Possible M-top pattern busy unfolding?
Further bearish trend support below 119.50?
Consolidation price range from 116.00 to 118.00
Crossing below 116.00 might target 114.00.
Crossing above 118.00 will be the first sign of pending strength.
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