Previous High Leading to a Future Low shown with a horizontal line. This is also contained within a drawn upward channel A large inverted Head and Shoulders pattern can also be observed on chart
Utilities sector are a big bore but seems it is doing a continuation pattern after a hefty pullback. I would place a long for the funz here, especially on ex-dividend date where price drops. I would be wary of SPX rally exhausting but if the employment data surprises positively then it can go similar to last month's rally before pullback.
TGT, AON, SO, MMC, OMC, EIX, AJG
EIX, AJG, APD, TSN, MCD, GOLD
AJG, EIX, ALL, APD, CI, CVS, HEI, HRL, HSY, KMB, MKC, TSN
MMC, OMC, AJG, EIX
MMC, OMC, EIX, SO, AJG, MCD, GOLD
MMC, AJG, SO, EIX, OMC, MAA
MMC, AJG, SO, OMC, EIX, AFL, APD, AZN, D, GPC, HEI, LMT, MAA, TJX
SO, EIX, OMC, AJG, MMC
EIX, CPB, SO, OMC, AJG, MMC, MCD, GOLD
AJG, MMC, OMC, SO, CPB, EIX
Hi, today we are going to talk about EIX and in a Day Trade opportunity. We observe a 15m chart, some important points such as supports and resistances (and levels of strength) to the Day Trade. The details are highlighted above. Thank you for reading and leave your comments if you like. Join the Traders Heaven today, for more exclusive contents! Link...
DB SELL is where price can come after this nice double bottom break. if not, then BUY and SELL in trading range.