QuantifiedAlpha.com

UEPS W-Pattern Set-up

Long
NASDAQ:UEPS   None
Looking for a breakout on big volume above $13.25 as the entry point. From there, we set the target price just below the previous 52-week high ($14.12) and our stop at half that increase ($12.85). Earnings could be the catalyst we need to get there. EXC has strong momentum (as do all utilities), and is also relatively undervalued on a peer basis. Learn more about our style at www.QuantifiedAlpha.com

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