The PEAD projected a Bullish outlook for $FE after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 33.33%.
The PEAD projected a Bullish outlook for $FE after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 83.33%.
Price has seen a nice break out from a falling wedge on this daily timeframe , which has led to a bigger double top
Right now price is completing this double top pattern
I have placed double curve lines for where I think price will possibly recover, one on the middle Channel line and one a little lower
#$FE is a utility stock. Boring to trade.
Dividend .36 *4 = $1.56 per year
Now near 200 days. Multiple times last few days as seen in chart.
Oscillator 5,35 divergence.
So possible entry 41.8 levels SL 41
It is one of the few stocks i make $ regularly.
Entry price is important in this stock.
ENTRY: 41.68
SL: 39.93
TP1: 43.56
TP2: 44.85
- ADX<20. Would like to be higher.
- Maintaining at pivot point "P" and HVN level.
- Strength meter is green hence some strength.
- Broke out of VZ previously on 3 Feb 2022.
- Watch for earnings on 10 Feb 2022.
- Entry based on breakout again from VZ today.
FE on watch and have my short lines set, now to be patient and continue playing the 1hr tf until chart is ready on it. once 1hr tf beartraps set, i change to my smaller timeframes. good luck and hope this helps.... hope it works out! lol
FE triggered a scan this morning for stocks pulling back to a bearish 50% Retracement level on the Weekly timeframe. It just so happens that the same bearish pattern (big move, pullback to 50% retracement) is playing out on the lower timeframe at the very same time. This presents an opportunity to enter a position with risk based on the 30 minute timeframe...
(This is not financial advice)
Hey guys quick play on a Utilities stock here. In a nice uptrend here after utilities lagged a little bit the past few weeks in the past few weeks I think this a great buy.
Here are the reasons for me liking this FE play:
- Looking to cross back up on the MACD
- 21 EMA Crossing Back Under
- Almost Oversold on RSI
- 2.66 on The...
set up finding support on long term support on bottom and resistance on top. looking to get into green channel and continue north. 83-90 long term target
FirstEnergy reported rather lackluster Q4 results. It only generated $0.32 per share of operating earnings, which missed the analysts' consensus estimate by $0.16 per share. As a result, the company's full-year results came in at $2.39 per share, below 2019's level of $2.58 per share. The primary issue weighing on the company's earnings was the proactive steps it...
Thursday, 24 December 2020
2:06 AM (WIB)
Company History
FirstEnergy Corp. was formed in 1997 through the merger of Ohio Edison Company and Centerior Energy Corporation. Through this merger, FirstEnergy became the holding company for Ohio Edison and its Pennsylvania Power Company subsidiary, as well as The Cleveland Electric Illuminating Company and The...
EN: FirstEnergy is one of the largest utilities in the United States with ten distribution companies serving six million customers in six Mid-Atlantic and Midwest states.
FistEnergy is an operationally good company, but it continues to have bribery problems on the directors which has pushed the share price down to low levels. The company also shows stability...
