A price action below 93.00 supports a bearish trend direction.
Increase short exposure for a break below 91.00.
The target price is set at 88.00.
The stop-loss price is set at 96.00.
Remain in a declining channel pattern, whereby lower highs and lower lows are applicbale.
The PEAD projected a Bullish outlook for $ETR after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%.
A price action below 119.00 supports a bearish trend direction.
Crossing above this level will negate the bearish stance.
Possible M-top pattern busy unfolding?
Further bearish trend support below 119.50?
Consolidation price range from 116.00 to 118.00
Crossing below 116.00 might target 114.00.
Crossing above 118.00 will be the first sign of pending strength.
This was on a watchlist I created for triangle breakouts, but I forgot to set an ALERT. I got busy watching other things and making other lists. This would have paid nicely after the break.
Lesson Learned... The alerts are there to help you! SET AN ALERT & make money.
Lesson Learned.. If your working on a new strategy then commit to it. Follow it. Track it. Watch...
All of the energy stocks have been falling for few weeks. All of them have a good dividen yield and as per harmonic patterns, we see a reversal @ 95.13 , first target should be 99. Also the stock has strong support between 94-95 and it has bounced to 105. Hope it does this time too.
This is a utilities sector play I like for a short term hold. Looking at the XLU eft (utilites) we can see there is a good possibility of upside potential in utilities sector and in terms of exploiting value investing opportunities I think XLU related stocks are a good option to consider. .
What I do not like is the debt over equity for this company (current...
ETR has been trading within that $91 - $105 trading range since April.
The stock is just starting to show confirmation of breaking out and remaining above prior resistance. If this stays the case through next week, we've got ourselves a new trading range for November and potentially through year's end, next resistance @$121.
Earnings were good despite significant...
Hey people, ENTERGY CORP is in a bearish fake dynamic with low volume of executed purchases and an inverted hammer bull candle. On the TIMEFRAME M1 a bull dash so we have a great possibility breakout of the stabilization zone. Then go to the other to look for the last precedent higher to fill a bearish gap. But not enough buying power at the moment.
Please LIKE &...
NYSE:ETR ETR is a value stock benefitting from end of power outages in several southern stated hit by hurricanes Marco and Laura and promising good financial results on October 30 or close to that day. Based on very simple chart backtesting, it is easy to conclude, that after 2-3% downward price correction, ETR is seeing the new highs as shown.
Good looking stock with a beautifully trending chart. Up 30% YTD and doesn't look to be slowing down. Possibly defensive. Worth a watch.
Entergy Corporation is a holding company. The Company is an integrated energy company engaged in electric power production and retail electric distribution operations. The Company operates through two business segments: Utility...
