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. Buy: 62.10 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
Short - Chart tests resistance once, if it holds on round 2, the chart should drop a couple points.