ES to fly to 72 within 6 months or lessEversource Energy (ES) is currently showing a bullish trend that could propel it to key resistance levels. My analysis suggests the stock could reach the $71-75 range by year-end, with $72.93 as a significant threshold to watch. The recent pattern of higher lows and higher highs supports this prediction, and if momentum continues, I expect we'll see these targets tested. Keep an eye on trading volume and other technical indicators to validate this upward trajectory.
4ES trade ideas
ES: bullish confluence?A bullish confluence of technical indicators supports some upside price potential.
A price action above 89.65 supports a bullish trend direction.
Crossing below this level will negate the bullish trend.
Upside price momentum supports the bullish trend.
RSI is leaving enough space for further upside price potential.
The 1,2 to 3 price action also remains of interest.