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PNM long on channel bounce

Long
PNM Resources, Inc. (Holding Co.) (NYSE:PNM)  
zukedu  
NYSE:PNM   PNM Resources, Inc. (Holding Co.)
Trend Analysis Technical Indicators Chart Patterns
5
3
trendanalysis indicator chartpattern
- Climax selling volume on 8 Jan. On the daily it is a deceiving bullish volume. Dig deeper on 8 Jan 30 minute candle, majority is bearish volume.
snapshot

- Nice hammer with huge volume on weekly chart.
snapshot

- Spike in volume on the huge bullish candle
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