Black Hills Corporation has established an uptrend and sung down near the bottom of its channel in the last few days. This offers a buying opportunity.
It's finding some support at June 20 lows of 79.44. It should move above that level by the end of the week. It next reports earnings August 5 and pays a dividend on August 15.
It's finding some support at June 20 lows of 79.44. It should move above that level by the end of the week. It next reports earnings August 5 and pays a dividend on August 15.
Comment:
This appears to be a downward breakout. I got stopped out of my long position at 78.70.
