RS3175

PWR Resting Before Rise

Long
RS3175 Updated   
NYSE:PWR   Quanta Services, Inc.
PWR is a strong stock. It has been consolidating in a rectangular formation in the last one month. It will test the all time high of 205, go below rectangle and then reach 220 by year end.
Comment:
Couldn't reach 220. A weak stock now. Lost support of 200 level. Good candidate for shorting.
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