FTS - Strong Uptrend Strong Uptrend in green
The basis of this analysis is the strong uptrend and its support capabilities
Consistent rejections have been seen off the green trendline
Bullish support
FTS
TSX Utilities - Interesting junctureSecond test of the 200 dma for the utilities and what comes next ?
Obvious prior tests of 200 dma have led to nice rallies will we see the same this time ?
Utilities are notoriously defensive stocks held as last resort for safety and yield
My thoughts are stay patient and don't be a cowboy for now lots of stocks in this sector are showing a lot of weakness don't try to buy the dip too soon most likely will get more opportunities in 2022
favorites amongst this sector are TA - FTS - SPB
USDJPY - SWING TRADEPotential swing setup on USDJPY, 4 touches on the trend-line. on the 4 hour time frame i will be waiting for the rectracement to complete before I enter my trade. Good luck Traders!!
- Pauric Finnegan
