Hey people, EXELON CORP is in a fake bearish movement with large trading volume and hammer candle shape. On TIMEFRAMEM1 we see a bearish panic heading towards its last low point which is before the low of the bollinger. After swallowing she goes to do the bollinger re-tests, come on the VWAP and reach the top of the stabilization zone for testing. Great potential to breakout the price with a return of momentum then then the zone to arrive in the new one and to land on the next high. On TIMEFRAME H1 with excess on TIMEFRAME H4 before breakout of a stabilization zone. Not enough force to test the median intermediare of ANDREWS PITCHFORK.
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