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oversold. looks like a good buy. 16% profit potential.
Eversource Energy (ES): Engulfing bullish pattern
Eversource Energy (ES) has stochastic divergence at the breakout point of a falling wedge on trend line support. 200 ema touch. Reversal Candle.
Target: 63.18 - 64.31
Solid company in the midst of an upward trend. will stay long as long as trend continues.
Waiting for a strong reversal candlestick to indicate a bounce off of the resistance trend line. I plan on buying puts there and taking profits at my 3 targets.
my crying eye if the darkness come , if its break back down over 56.20 than sure going to E...happy trading
Cycle Wave 3 almost complete.