$WEC Trend Breakout

By rfc4
Updated
Big weekly breakout from the downward trend on WEC. This would be a utility play that corresponds to capital rotation into the sector (see XAU1!).
Comment
Broke out. Now resting. Most likely move is to trend sideways before the next leg up. Otherwise, if that doesn't happen, we'll likely see a retest of the down trend.
Comment
Another potential retest of downtrend. Could also be a failed breakout.

Still watching and waiting. This is a LT play in my portfolio.
Chart PatternsutilitiesWEC

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