FE SEVERAL BOUNCES OFF RESISTANCE ZONE OVER 1.5 YEAR, ACCUMUAt 145.28 resistance zone, seems like a Wave 2 retracement. Waiting for bullish candle/pennant breakout for Wave 3 confirmation, or resistance zone accumulation for a BUY.by happy04t1
Cup and Handle could still be in play on FEWhile price action drooped a lot in the past few days the basic structure of the cup and handle is still in play. I am waiting for a break above res. at $36.50 with strong volume for confirmation before going long. Longby Market_Psychology4
5.07 REWARD TO RISK RATIOYou can see how the Pitchfork structured the prices beautifully which was arrested at the Warning Line. Possible reversal back up to the Lower Parallel.Longby jefftan0
$FE potential breakout I feel the odds favor Firstenergy breaking this downward trend line. Risk is to upper 36 area. Reward should be upper 42 area, filling the gapLongby itssean310110
FE PopsWe can argue the upper trend line. I see two clear touches and a near miss. Never-the-less this has been turning over since July and coiling inside a symmetrical triangle. I see pretty clear indications of market makers (MM) and Insider activity in the price volume dynamics, indicated by flags. I still would have liked to see that 2nd confirmation on the upper trend line but may still get it if the market pulls back tomorrow and it settles back down as support. It popped on good volume, but so did everything else today. Tomorrow should be interesting.Longby scttash110
Is First Energy (FE) finding a foothold. FE made a major break last week of 4 month old long term downtrend line. It made the break off long term support. I will be watching to see if this foothold can climb. Weekly oscillators show ready for a long term move up. by littleriver0