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ThetaGator

XCEL uptrending with symmetry and a nice long squeeze!

Long
Xcel Energy Inc. (NASDAQ:XEL)  
ThetaGator  
NASDAQ:XEL   Xcel Energy Inc.
Trend Analysis Fibonacci Trend Lines
2
0
trendanalysis fibonacci trendline
XCEL is in an uptrending sector (XLU) and is, itself, in an extremely solid uptrend. It has no less than 4 symmetrical price surges and appears to be in a 5th with a long squeeze having just triggered. Symmetry suggests that it will run another 5% up to the $66.50 level by earnings at the end of OCT. I like it to the long side!

snapshot
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