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...
NYSE:ETR Nice move after earnings. Broke recent resistance
Rising interest rates put utilities under pressure. Ideal scenario is a test of the 200 EMA with intraday reversal, bullish candle close and XLB showing some signs of bottom as well.
ETR ABCDE PATTERN. BREAKOUT PRICE: 77.51 TARGET: 88.27 (+14%)
Longs above $79.05 www.thejournalstocks.com
the Ichimoku cloud was a good trigger for buy. Now, I hold the opposite opinion.
Ichimoku Cloud and the next level of pivots.
Obvious difficulties to return to the main trend.
This bearish triangle has a measured move to $57 area with stop loss at recent swing high $63 area. Details check with us www.woowtrading.net