📈 Ticker: 
HE (Hawaiian Electric Industries)
📆 Timeframe: 1D (Daily)
📉 Price: $10.59
📊 Volume: 1.23M
📈 RSI: 50.96 (Neutral, ready for breakout)
🔍 Technical Setup:
A classic Inverse Head & Shoulders has formed just above the lower boundary of a multi-month parallel ascending channel.
🟩 Key Features:
Symmetrical reversal structure (L–H–R Shoulders)
Horizontal neckline around $12.00
Trading just above channel midpoint with supportive RSI action
🟢 Green arrow marks support near $10.50
🔴 Red arrows signal likely resistance areas
🧠 Trade Plan & Price Targets:
✅ Entry Zone: $10.50–$10.70
❌ Stop-Loss: Below $9.90 (channel breakdown + structure failure)
🎯 Target 1: $12.00
→ 📈 Return: +13.3%
🎯 Target 2: $13.80
→ 📈 Return: +30.3%
🎯 Target 3: $16.50 (upper channel resistance)
→ 📈 Return: +55.8%
⚠️ Technical Notes:
RSI at 51 – neutral zone, ready to build momentum
Volume declining — watch for breakout surge above $11.50
Channel provides structure for swing trades and scaling
💬 Is HE about to energize a trend reversal or flicker out?
📌 Comment your thoughts and follow for more high-conviction setups!
#TargetTraders #HE #Utilities #InverseHnS #BreakoutTrade #SwingTrading #TechnicalAnalysis
HE (Hawaiian Electric Industries)📆 Timeframe: 1D (Daily)
📉 Price: $10.59
📊 Volume: 1.23M
📈 RSI: 50.96 (Neutral, ready for breakout)
🔍 Technical Setup:
A classic Inverse Head & Shoulders has formed just above the lower boundary of a multi-month parallel ascending channel.
🟩 Key Features:
Symmetrical reversal structure (L–H–R Shoulders)
Horizontal neckline around $12.00
Trading just above channel midpoint with supportive RSI action
🟢 Green arrow marks support near $10.50
🔴 Red arrows signal likely resistance areas
🧠 Trade Plan & Price Targets:
✅ Entry Zone: $10.50–$10.70
❌ Stop-Loss: Below $9.90 (channel breakdown + structure failure)
🎯 Target 1: $12.00
→ 📈 Return: +13.3%
🎯 Target 2: $13.80
→ 📈 Return: +30.3%
🎯 Target 3: $16.50 (upper channel resistance)
→ 📈 Return: +55.8%
⚠️ Technical Notes:
RSI at 51 – neutral zone, ready to build momentum
Volume declining — watch for breakout surge above $11.50
Channel provides structure for swing trades and scaling
💬 Is HE about to energize a trend reversal or flicker out?
📌 Comment your thoughts and follow for more high-conviction setups!
#TargetTraders #HE #Utilities #InverseHnS #BreakoutTrade #SwingTrading #TechnicalAnalysis
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.