Consolidation may form. A second extremum is needed for the formation of a downward resistance level. If the consolidation is formed and is broken upwards, the minimum target level will be around 112.
Pinnacle West is a holding company whose principle subsidiary is Arizona Public Service. APS is a vertically integrated regulated utility that provides electric service to 1.3 million customers over a 35,000-square-mile service territory in Arizona, including the city of Phoenix. Approximately 35% of power sold comes from the company's 29% interest in the nearly...