I'm bullish on WEC for the next month (and long in general). WEC has developed a strong pennant and proves to be an anchor in the storms of the market. WEC is a good long term hold and has a solid long term chart.
The 10-day exponential moving average is also breaking away from the 50-day exponential moving average, indicating a bullish movement.
WEC will probably meet resistance around the $101 mark and the $105 mark, but a nice consolidation should continue to allow WEC to grow even toward the election.
Good luck trading.
Disclaimer: I am not a professional trader and these ideas should not be taken as professional trading advice.
The 10-day exponential moving average is also breaking away from the 50-day exponential moving average, indicating a bullish movement.
WEC will probably meet resistance around the $101 mark and the $105 mark, but a nice consolidation should continue to allow WEC to grow even toward the election.
Good luck trading.
Disclaimer: I am not a professional trader and these ideas should not be taken as professional trading advice.
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