Close the Window!After the steep fall the price shall close the window for profit taking of the sellers.
PCG trade ideas
PCG Wow, PG&E rapidly going to one of my old targetsWhat can I say... I'm speechless. PG&E went heavily down, straight to my good turn, but even close to my old target.
My PV is around $43, so definitely I would consider to buyback at the level of $17 - $15. The potential profit is more than 100% .
Wish you the Best!
Learn how to beat the market as Professional Trader with an ex-insider!
Have a Nice Trading Week!
Cream Live Trading, Best Regards!
PCG Bullish PlayGetting Long PCG - Looking for $50 in the next several days
Daily Crab + 1 Hour Crab combined PRZ in the $50 range.
Bullshit PCG longWell California approved a bill to raise utility bills for its citizens to protect PCG from bankruptcy due to all the lawsuits against them for being liable for 12 wildfires. Looks like it breaks this resistance look for it to fill more of that gap. But one thing with upcoming elections must be watch if any candidates gets in to try to change this legislation that was passed.
www.marketbeat.com
PCG technical analysis1) PG&E back in trading range.
buy & sell on dotted line
2) Double bottom reversal
buy on bold red line
PCG Bullish Three Drives This pattern may mean the end of correction and start of a new trend leg. This is going off of a Tech analysis The PG&E lawsuits amid North Bay inferno probes should have an impact yet the Tech. Analysis should trend over the fundamental analytics.
Why CA Fires Are Burning PG&E Shares To A Crisp Today??PG&E Corporation (NYSE:PCG) shares are having one of their worst days in years, losing nearly 10% after it came to light that downed PG&E power lines may be responsible for starting one of the deadliest wildfires in California’s history.
The inferno, which started Sunday and has claimed the lives of at least 32 people, may have started due to power lines being knocked down during a windstorm on Sunday, when winds were gusting as high as 70 miles per hour. Those winds then exacerbated the issue by rapidly fanning the flames, which have consumed over 220,000 acres of California land since.
*I would think about buying PCG at $48.00, if rest of October price action stabilizes. That is what hurricanes, earthquakes, fires does, some people lose (which is saddest part) & other's win (with new building, buying stock at low prices) etc.. KEEP WATCHING for best time to buy this stock, if this of interest to you.
PCG looking bullishIs the first MACD bullish divergence of the year developing now?
WHAT DO YOU THINK?
LEAVE A COMMENT
What about utility stocks? Gann Fibonacci Elliott Wave ForecastAfter forming a double top base around $45, a A-B-C Elliott wave retracement has been in an expanding range. Ultimately the bearish price divergence indicate the swing downtrend is continuing. If that occurs, the next target, and likely forecast resistance area, is between $43 and $42 (0.5-0.61 fibonacci) in 30 days - Gann time
