Utilities Are Mooning

By jacektrocinski
Updated
The utilities sector is a great defensive play in the equity markets right now.
The trend is your friend and in this case the trend is upward.
Utilities have cleared through resistance and are setting up to make new highs.
This is a buy.
Order cancelled
Utilities fell through the upward trendline and quickly declined.
defensiveFibonacciFundamental AnalysisTrend Analysisutilities

Disclaimer