There have been 7 pin bar touches of the weekly up-trending price support level as shown in thick purple. Furthermore a horizontal level appears to be in this area which has multiple high and low pin bar touches. DYOR as always
The trend is bullish at the moment with price rejects the 45.60 support level. Looking forward for price to rally higher while collecting dividend. Reasons to go long: - Ex-div tomorrow - Up trend - Rejections at 45.60 support
A really rare development is watching the utilities and reits go from a 6 month high to a 6 month low in the same week!!!