Retest gap today. Decent volume. Looking to play the retest. This stock seems to have really strong and tight support/resistance lines so I'll be looking to switch to a trailing stop if we reach our 2R target up until 19.28 where I'll exit the rest of the position.
If we get a nice Santa Clause melt-up, followed by a sell off in January, expect people to flock to utilities.
The first bill everybody pays is their electricity bill. If we start to get the handle formation, I'm betting the house as soon as we gap up.