Several rebounds on the trendline and increase in volumes, can therefore rise.
Up until this morning, it was a Head and Shoulder Pattern
looks like a retest of resistance area would not buy until a daily close above $25.90
could see a positive break out if we can get past this resistance area with out to much sell off at the usual volume at 15:30 est if it fails should see a retrace to support area if support area fails then a retrace to bottom trend line
looks like we are at the bottom of the trend line a break out above 25.59 will confirm target area 26.45 most volume will be at 15:30 est time expecting a pull back quickly due to being a friday people will be taking profit
Watching H for a break of its current range, looking for a swing trade and a +10% move
Hydro One is an electricity transmission and distribution utility serving the Canadian province of Ontario. Currently, Hydro One is trading at historic lows since its IPO. The underlying trend is bearish, while the chart pattern is Broadening Bottom. At this point the price can go either way. Currently, the support is being tested at the trendline (Dividend is...
Hyrdo One looks like it is going to be continuing its downtrend after a period of consolidation. Reasons: - Breakdown through support line of ascending triangle - MACD has crossed over just above the zero line and is now moving below the zero line - RSI has broken below the trendline that has been acting as support/resistance and is also below its moving...