EIX - Previous High Previous High Leading to a Future Low shown with a horizontal line. This is also contained within a drawn upward channel
A large inverted Head and Shoulders pattern can also be observed on chart
EIX
EIX a potential longUtilities sector are a big bore but seems it is doing a continuation pattern after a hefty pullback. I would place a long for the funz here, especially on ex-dividend date where price drops. I would be wary of SPX rally exhausting but if the employment data surprises positively then it can go similar to last month's rally before pullback.
Market Review - Sunday, 08 December 2019MMC, AJG, SO, OMC, EIX, AFL, APD, AZN, D, GPC, HEI, LMT, MAA, TJX
EIX - DAY TRADE Hi, today we are going to talk about EIX and in a Day Trade opportunity.
We observe a 15m chart, some important points such as supports and resistances (and levels of strength) to the Day Trade. The details are highlighted above.
Thank you for reading and leave your comments if you like.
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EIX double bottom breakDB SELL is where price can come after this nice double bottom break.
if not, then BUY and SELL in trading range.
