Hubb passes the Weekly breakout criteria with high volume and good fundamentals. With a favorabel risk/reward of almost 1:4 I will be on a look out for a follow through on Monday open.
Continuation of an uptrend with a 20% potential uptrend. The SL is just below the trendline but even if taken out, watch to get back in as fundamentally the likelihood of a downtrend is minimized by the fact that there is a tremendous need for modernization by the electricity providers, to enlarge their grids`capacity.
$HUBB - Industrials | Electrical Equipment & Parts
currently RS new high before price high. swinging back above its 10/20 MAs after price lvl at $205 range proved to be a major support.
I have been watching this one for a while. The long like of green made me wait on this one. It is hard to know when to buy but I like to buy red.
Technically a cup and handle pattern should only be traded at break out. Sometimes i buy closer to the handle low as it can provide support
Not a recommendation
ubbell Incorporated, together with its subsidiaries,...
