$WEC Trend Breakout

Von rfc4
Aktualisiert
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!).
Kommentar
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.
Kommentar
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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