Companhia Energetica de Minas Gerais CEMIG is a Brazil-based holding company engaged in the energy sector. The Company, through its interests in subsidiaries or jointly controlled entities, is engaged in the generation, transmission and distribution of electricity. The Generation division consists of the operation of hydroelectric plants, wind farms and...
Coca-Cola has formed an Inverted Roof Topping Pattern and is Currently Breaking Down after Bearishly Diverging on the weekly and Bearishly Engulfing on the monthly; if things go as expected then Coca-Cola will come down to make at least a 61.8% Retrace, but I think it could go all the wa down to as low as the 0.886 as all the Defensive Plays begin to deflate.
Trend break to the downside and forming a bear flag instead of a retest of previous support. Monthly lower high set. Bearish crossover on the MACD. And rolling blackouts across the nation as a massive freezing snowstorm forces people to use heaters indoors. Short.
im not aurprised to see a bullish daily move from a defensive sectir in a bear market ending bull rebound. i think utilities are particularly good at catching this movement. this is a good etf to do that with.
no really, this thing is set to roar. big rigs, big pigs, young hogs and motor fog. letterr rrrrrrip! were down near the bottom of the envelope, were way oversold, and the sectir is acting defensively in rotation with a bear market. id like to revisit the top of this rectangle and then dump again 🤷
The utilities sector is a great defensive play in the equity markets right now. The trend is your friend and in this case the trend is upward. Utilities have cleared through resistance and are setting up to make new highs. This is a buy.
BEML CMP 1837 Breakout sustaining above 1830 Target 2175/2500++ Nearest SL 1700 Positional SL 1500 Defense Theme
NASDAQ:KHC Defensive stock could continue the larger general uptrend in the medium term. My target 39 - 42
... for a .93 credit. Comments: Rolling in the untested side of my July 22nd short strangle to maintain a <1.0 delta/theta ratio. Total credits collected of 3.80.
... for a 9.21 credit. Comments: Late post that I was unable to get to yesterday ... . Doing a defensive roll ahead of earnings to reduce directionality in the event it continues on its path downward. I also took off the June 17th 225 short call, which I added in to reduce net delta and reduce cost basis further for an .82 debit, but didn't want to leave it...
Still showing incredible resilience in a bear market. Daily/weekly flag remains intact at the time of writing. Watching for a 52wk high breakout and rejection shortly after be nimble on the breakout if you wish to play it. Holding above many many vwaps of all lengths of time/volume. Serious amount of liquidity above $265s OBV still moving up and institutional...
These defensive sectors are soaking up a lot of excess market weight from the bounce, and it's indicating healthy rotation is taking place.
USDCHF moves higher amid increasing demand for defensive assets, but we may see the peak soon, as the FOMC meeting comes closer. The potential pivot point might occur at the previous peak or above (as shown on the chart).
... for a 4.25 credit. Comments: Rolling down the call side of my 265 short straddle to the 250 on put side break even test. It's now a 15 wide inverted (250C/265P) short strangle on which I've collected 34.27. Break evens now 230.73 on the put side, 284.07 on the call. Net delta leans long (i.e., it would benefit from a bounce).
There has been a consistent trend in Orklas price action. Expect a dip and be ready t buy the bottom
reverse head and shoulders may prove defensive sector stocks may be putting in a bottom. these may do well over the weekend as pros, sm, mm, tutues, and some retail may look to these to provide value when rotation is taking money out of growth. target 33.33 and 33.97 stop loss 32.89 as this would mean a probable touch of bottom anchored vwap band after a break of...
we should still have another bull move somewhere in utilities as defensive rotation continues
I like Atnt even though their annuals financials are shaky. I love the acquisition of DISCA which will take effect next year. Atnt is at or near a strong support and I like the variety of things Atnt is involved with. I feel that they are making noise behind the curtain and is also claimed to be popularly known as a defensive stock. Stochastic is at support on the...