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StockPickingEnthusiast

$SO $XLU Utilities bullish reversal possible.

Long
Southern Company (The) (NYSE:SO)  
StockPickingEnthusiast Updated   
NYSE:SO   Southern Company (The)
Trend Analysis Technical Indicators XLU so
5
0
trendanalysis indicator xlu so
Going long utilities through the XLU and SO.

*Not trading advice - Your trade, your responsibility.*

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Comment:
Comment:
Losing some of my patience. But...here is a bullish wedge... Let's see how it reacts when hits bottom, needs to hold this 47 level.
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Comment:
Looking at a nice weekly reversal candle. And the CMF shows a potential cross above the 0.00 - showing accumulation. Utilities look like a great opportunity.
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