HE - get it long before the sparks fly
HE is obviously an underdog given what happened in Maui and the aftermath of the disaster.
It has that baggage and the ankle weights of litigation public perceptions, electical power
infrastructure and all the rest. Seemingly it is weathering the storm.
The 15 minute chart shows a ranging price action really going no where until last Friday when
volatility struck from a surge of volume. Price jumped out of the high volume area and volume
has persisted and so the high volume area widened. The fast RSI in green moved in quick
momentum as compared with the slower RSI in red. This is a golden cross of the lines showing
a surge of strength. I will take this long. The earnings announce BMO. The make the past
possible trade it must be done in the premarket and without a stop loss since my broker does
not offer them in the premarket. An options trade will be after earnings depending on what is
reported. This is a risky trade so the position will be small relative to buying power.
It has that baggage and the ankle weights of litigation public perceptions, electical power
infrastructure and all the rest. Seemingly it is weathering the storm.
The 15 minute chart shows a ranging price action really going no where until last Friday when
volatility struck from a surge of volume. Price jumped out of the high volume area and volume
has persisted and so the high volume area widened. The fast RSI in green moved in quick
momentum as compared with the slower RSI in red. This is a golden cross of the lines showing
a surge of strength. I will take this long. The earnings announce BMO. The make the past
possible trade it must be done in the premarket and without a stop loss since my broker does
not offer them in the premarket. An options trade will be after earnings depending on what is
reported. This is a risky trade so the position will be small relative to buying power.
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