Long term stock continues up trend, stock will create a put opportunity in the near future
Reposting this since TV removed this idea earlier for containing links to my telegram group. Trading Methodology: 1. An asymmetric bullish/bearish pennant is drawn using ascending and descending curved trend lines with a minimum of three price action touche points per line. The direction is determined by the previous trend. 2. The angle tool is applied from...
Nice move today! Potential Bullish breakout + H&S Inverted! above 80,70 potential PT 84,7$ then 86$. Good Vol. Stop Zone under 79$. Stay Tuned!
Long Term Trend Following. Likely a decent short in the coming weeks.
utilities sector looking strong daily timeframe shows positive trend strength and rising MA's intermediate shows rising MA's with Short term MA slightly weakening looking for pullback into support area of 81.00 area and bounce back to 81.60 area for a retest of resistance obv showing positive volume pressure Short term MA and VWAP working as dynamic resistance...
All reqts met, we're headed lower - but how much lower?
CON ED ...LONG TERM TARGETS AT 81 -85 NOT CALLING THE END OF THE TREND BUT BE VERY CAUTIOUS...PRICE ACTION TELLS THE INTENT
CON -ED...3 DRIVE POTENTIAL PATTERN AT THE HIGH. CAUTION.... TRADE PLACEMENT ALONG WITH "TIME" IS EVERYTHING
Running Alpha Capital Markets observes that higher rates are not always a headwind, as the not too distant record shows that the electric utilities group can outperform and offer a margin of safety. During the last period of higher rates, from mid 2004 to mid-2006, the FOMC hiked rates 16 times, and despite these incremental actions, electric utilities actually...
url=https://www.runningalpha.com]Running Alpha Capital Markets continues to favor USA electric utilities as a source of both income and growth -- Access to high conviction names in this space is available.
$ED is now 92.09. Price Target Hit. Great HPS setup. (High Probability Setup)