Last week, Edison International shares sent out a signal that the stock could begin to turn north, a trend which lasted for nearly four months. The stock is expected to trade sideways over the next few months. The upper boundary formed at USD 68. And within the next two weeks the stock will be busy forming the lower bound. If RSI falls below 50 by the end of next...
For sale is a cheap Utility called EIX notes are listed below, an easy trade back up to ceiling/support.
- 2.86% yield (3.3% 5yr AVG) - 10.1 FrwdPE - 9.5PE - 1.9PB -
- DCF Valuation @ $54
- Easy Trade
- *NOTE* There is still some downside potential if the sector (XLU) doesn't catch a break next week.
- Conference call Today boardvote.com
