I like this stock for it's unique offer of sustainable utilities services and supplies 10% of US market. Increasing volume as it reverses and sitting on 8 EMA.
Entry: with price at or slightly above 110.26
Volume: with volume greater than 1.5M
Target: 119.60 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 110.26 & target of 119.60, a stop at 107.15 gets you 3/1 Reward to Risk Ratio.
This LONG swing...
Constellation Energy Corporation ( NASDAQ:CEG ) experienced a slight decline of -0.299% on the last trading day, Friday, 21st Jul 2023, with the stock price dropping from $96.89 to $96.60. Throughout the day, the stock fluctuated 1.79%, reaching a low of $96.42 and a high of $98.15. Over the past two weeks, the stock has shown a 5.77% gain, indicating periods of...
NASDAQ:CEG , Weekly cup , looking
for break of hod 95.53 ,
to swing some 96 calls
into a possible move to
98 , slow mover buy if
XLE is fire! we get it !
risking , 95
After the outbreak at the beginning of May we've seen a straight upward move without any major correction. Now that the overall mood turns to the downside Costellation may want to follow this mood. A healthy correction may be needed to continue a possible rise. But as long to many people are sitting on profits there is always a danger of a correction to take...
This is from my TT's list , these stocks must meet the following 4 things :
Gaps from their highs to their lows
Exceptional RS vs SPY and QQQ
Tight moves no "loosey goosey stuff"
Above last GLB
TT's stands for "Top Trender's" , who doesn't like TT's ;)
Did not give us the best risk vs reward setup ( unless one was quicker at entering of-course) , stop is...
Constellation Energy provides power, natural gas, renewable energy, and energy management products and services. They are the largest producer of carbon-free and low-emissions energy in the US.
NASDAQ:CEG is in a clear uptrend with great relative strength against its benchmarks. Just look at AMEX:XLE and NASDAQ:QCLN .
NASDAQ:CEG is clearly leading.
I see...
Very interesting IPO, it has growing 140% this year and now is in ATH, It bounced on MA50 y just broken a Triple Top (3T). It belongs to a strong sector, can go up for the next weeks. The better way is waiting for a pullback NASDAQ:CEG
We have exceeded a rising wedge today within a clearly favourable market. It had looked like a banner stick until mid August but instead a correction we got this rising wedge from which we've been broken out today.
I did buy into CCEG on the breakout yesterday - frustratingly I couldn't post this as I was at an Expo.
Its breaking out from an area of very tight consolidation (and has previously had a very sharp move up!)
Tight stop + High RR
$CEG that i've posted about previously is now making it from my larger watchlist to my secondary WL.
Would be ideal if it puts an inside day tomorrow and come out Thursday (orange bars).
Will be watching it.
$CEG is an interesting IPO in the electricity, natural gas, solar or renewable energy market.
Interesting low pivot here right below its 50 MA.
IPOs holding up like this in a bear market always get my attention.
