PEG – sector: utilities The stock marked a significant increase toward 60 level, resistance level:60 support level: 58.5 If the support level holds,I'll examine a long entry above the resistance level after an approval candle and and ofcourse a good volume. If/when the stock crosses this level, its face may be heading toward all the time high. This is not a...
These are the FUTURE dates for PEG with the highest probability for experiencing a price swing high or low. Apply your own indicator(s) to determine the price swing direction.
These are the FUTURE dates for PEG (Public Service Enterprise Group Inc.) with the highest probability for experiencing a price swing high or low. Apply your own indicator(s) to determine the price swing direction.
The FUTURE price swing dates for PEG
s STOP LOSS : 51 TAKE PROFIT : 49.65 Risk-reward : 46.42 Longer term trend: Bearish Current trend: Bullish General comments: PEG has been in a downward trend since Mid November. A bearish trendline was formed with 2 confirmed touches, and we are speculating on the third one - continuing the decline. What I like: 1) Trade is with the longer term trend,...
Price level of PEG has corrected downwards from a upward trend. With Support at 42.47, Macd histogram already in negative territory, it looks like a higher low will be form soon. I am looking to go long at around 43.40, placing my stop at 42.46. I will be targeting that it will break the most recent high to reach 47.10, and depending how it goes after getting into...
This should break strong resistance on Monday 1/9/17. If it fails Monday go short. Nice swing trade setup
Looking for a break of the ascending trend line. Target of the 1.272 extension at 41.73
This chart has great potential, but momentum seems to be slowing, so it will bounce at resistance - OR NOT!