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FE

Bullish on FE(This is not financial advice) Hey guys quick play on a Utilities stock here. In a nice uptrend here after utilities lagged a little bit the past few weeks in the past few weeks I think this a great buy. Here are the reasons for me liking this FE play: - Looking to cross back up on the MACD - 21 EMA Crossing Back Under - Almost Oversold on RSI - 2.66 on The Risk vs Reward - Strong Uptrend - Confident in Utilities Stocks Over the Next Week Let me know what you guys think of this play and stock I set some PT's and a SL that you can use. Leave a comment and like and be sure to drop a follow. Thank you! - Vlaire
NYSE:FELong
by vlaire
1
The Utes looking like they might be ready to go!After the long down move the utilities sector has gone through, it looks like it could be ready to turn around. We might be a little early here but this is what we're seeing that is telling us that it's ready to make a move higher finally: -When you look at the 4 hour chart you can see that the price is coming out of a squeeze higher to the upside -When looking at the RSI which is an indicator that we like to use, you can see that there is a major bullish divergence -There has been an increase in volume the last couple of days, which bodes well for a reversal Again, we might be a little early here but if you're able to be patient with a trade in utilities we see this thing turning around and moving higher in the near future! We will see what happens in the next couple of days!
AMEX:XLULong
by StrengthTrading
1