In-depth trading ideas
Levels of Interest $WEC TA on levels of interest for NYSE:WEC
Please note that this is a preliminary research paper and you should continue to do your own research (DYOR). Information about assets can change rapidly, and it's essential to stay updated with the most recent developments.
Notes on how I personally use my charts/NFA:
Each level L1-L3 and TP1-TP3 (Or S1-S3) has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The s
Broad Sideward RangeWe are sticking within a long broad sideward range for 2 years now. The last attempt to reach the highs of May and August 2022 has failed in November. This week's spike may be seen as a correction of the drop after this failure. At present I don't see the momentum to leave the broad range. Thus I prefer to sell this week's rally for a test of the downside of the now tightening range. This tightening may be a preparation for an outbreak. But now it is not clear in which direction this may go. Som
WEC: Breakout Confirmed, 9.21% Potential Profit!Description: WEC is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $96.7 - $99.5
2. Take profit: $106.94
3. Stop Loss: $94.98
4. Risk To Reward: 1 / 3
5. Accuracy Rating: 84%
WEC Technical Analysis 🧙WEC Energy Group's electric and gas utility businesses serve electric and gas customers in its Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 52% electric generation and distribution, 33% gas distribution, 13% electric transmission, and 2% unregulated renewable generation.
If you understand the idea,🎯 press a thumb up! 👍 Have a question? Don't be shy to ask! 🤓 Interested to study h
WEC Energy Group - WEEKLY Setup - Entry on DBL BottomWEC
ENTRY ON DBL BOTTOM 84.44 - 83.65
Cost Avg Down (CAD) = 79
1st Target = 382fib 93
2nd Target = 618fib 98
3rd target = 786fib at 102
4th Target = 106
HODL Target = 115+
______________________________________________________________________________________________________________________
This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez






















