The PEAD projected a bullish outlook for NYSE:SO after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 51.14%.
Energy companies are quite predictable, and $SO is one of the best Energy providers in the United States. Highest employee favourability and a top choice by many investors for consistent growth.
One of the best things about $SO is that it has consistent swings of 10-20% and you can catch these swings over 4-6 Month periods.
Buying here between $62-$64 and will...
The PEAD projected a bullish outlook for $SO after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 62.5%.
The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates through Gas Distribution Operations, Gas Pipeline Investments, Wholesale Gas Services, and Gas Marketing Services segments. The company also develops, constructs, acquires, owns, and manages power generation assets, including...
The PEAD projected a Bullish outlook for $SO after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%.
Price is sitting on the .382 fib level of the trend up.
Double Top.
ATH 80.57/3 year low 31.96.
No recommendation/Watching as it does not look buyable just yet.
Bearish Marubozu candle today shaven at both ends.
The PEAD projected a Bullish outlook for $SO after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%.
Looks like utilities are crashing with the rest of the market even though they are thought of as a defensive play.
Utilities had a huge move to the upside a while ago and I guess everything pays the dueseventually.
XLU is trading in the same pattern and the 1.113 is at 62.38.
No recommendation.
With rising energy prices and looming recession is Southern Co, gas and electric utility company, able to sustain growth it enjoyed since March 2020 or is it time for another deep correction?
Fundamental indicators:
Revenue and Profits - has not demonstrated consistent long-term earnings growth over the past 10 years
Profit margin - the company is quite...
The PEAD projected a Bullish outlook for $SO after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%.
