Parabolic run most likely triggered by spike in utilities as those who missed the AI bubble wanted to find an underlayer to get returns in.
Downside price targets of: 158.69, 134.03, trail stop for the rest
What a beautiful bull flag we have here! This token $BTAF is going to be launched on BitMart next 15th of May
We have a initial target of more than 4x for the next weeks !
The target confluences with the top Beam Band also, giving more confidence on this trade. It is a very good alignment with technical and fundamental analysis
$BTAF is the utilitary token of...
Companhia Energetica de Minas Gerais CEMIG is a Brazil-based holding company engaged in the energy sector. The Company, through its interests in subsidiaries or jointly controlled entities, is engaged in the generation, transmission and distribution of electricity. The Generation division consists of the operation of hydroelectric plants, wind farms and...
$NEE broke out of an inverse head & shoulder pattern.
Downside is likely over for this, at least for now. Keep an eye on the next resistance levels to look for an exit.
73ish to 86ish is not a ton but it helps pay the bills.
We may also get 2 dividends if it holds until May'ish.
#utility
My idea is on the chart. Winter hearing season is still in effect. Utility regulators are pressured to recognise
the effects of inflation on the business costs of utility companies. The progressives fight big coal .
The beat goes on.
Spoken on $NEE before (not sure if on Tradingview)
The action is obvious
Been waiting for this to get closer to MAJOR SUPPORT
Bought nice chunk
2.6% dividend is not bad
Been channeling since Jan 21
#utility #stocks #stock #StocksToBuy
Xcel Energy Inc. offers a variety of energy-related services including generation, transmission, and distribution of electricity and natural gas throughout the US.
My trade levels
Entry: $67.23
Take profit: $62.21
Stop loss: $69.38
Risk/reward: 2.33
The technical figure Channel Up can be found in the Spanish company Endesa, S.A. (ELE.mc) at daily chart. Endesa, S.A. is a Spanish multinational electric utility company, the largest in the country. The firm, a majority-owned subsidiary of the Italian utility company Enel, has 10 million customers in Spain, with domestic annual generation of over 97,600 GWh from...
NYSE:EE is a company that provides liquefied natural gas and energy solutions in Texas, USA. They recently signed a FSRU (Floating Storage Regasification Unit) Charter Agreement with Gasgrid Finland to provide "energy security and supply diversification to Finland while also serving more broadly the needs of the Baltic Sea region".
I bought an initial position...
Hi everyone,
Today we will take a look at NASDAQ:CMCSA stock.
This company will benefit from the infrastructure bill signed in November. I have covered this in my YouTube video.
I would expect company's earnings to reflect the benefits later in 2022.
Where are we at now?
Stock is currently trading at November 2020 level. It has gone down 25% since...
My last SO idea denoted my overall short-term bearishness in the stock and my downward arrow essentially followed perfectly the support of the down trend. I think this trend is over. So far, the daily candle is showing enormous upward momentum. The last time this happened the stock saw a very sharp appreciation before settling on the mid-$60 range. I think this...
***None of my ideas, this on included, are financial advise. Tread cautiously. Markets are know to enjoy punishing the un-wary.***
Previous Idea, Profit, and Short-term Movement
I've shared a couple ideas on Southern Company and thus far the stock movement has been very predictable; moving around earnings and payouts. Based on my previous idea (linked), I just...
Momentum on the daily is moving favorably though the stock didn't hold the engulfing pattern. RSI corroborates the downward trend with most recent standing of "oversold" as it touches the 200 SMA. I'm looking at a bounce off the 200 SMA over the next couple weeks to hold the upward trajectory SO's held since May 2020.
If we can't hold the 200 SMA this week I'm...
The classis answer is No!
because of limited growth and sensitive pricing.
However, utility companies like any other company can have change of strategy, management and even product.
Saudi Electric company had recently announced major changes to its governance and strategy by minister of energy himself. The chart tell the story that has been taking place since...
NEE
Next Era
Recently did a split, so cheaper to get in. 4% yield, great mix of growth and dividend, and is a utility so even if we double dip into recession utilities should stay strong in the years to come.
First target @86
