HE- Hawaii Power responsible for the fires LONG
Updated
As seen on the 2H chart HE has been trending down since July 28th and the recent
earnings miss and devastating fires caused by faults in its electric distribution system.
There will be lawsuits which will drag on for years. No matter this is a regulatory
protected monopoly. It will be rescued by the consumers through the regulators.
Price is reversing to the upside. Price is now at or above the POC line of the volume
profile I will take a large long trade. If you want my ideas as to
a stop loss and targets or the selected call option, please leave a comment.
As an aside profits in this trade will be donated to the survivors and victims of
this unnatural disaster.
earnings miss and devastating fires caused by faults in its electric distribution system.
There will be lawsuits which will drag on for years. No matter this is a regulatory
protected monopoly. It will be rescued by the consumers through the regulators.
Price is reversing to the upside. Price is now at or above the POC line of the volume
profile I will take a large long trade. If you want my ideas as to
a stop loss and targets or the selected call option, please leave a comment.
As an aside profits in this trade will be donated to the survivors and victims of
this unnatural disaster.
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