$nwe | energy playseeing a ton of energy stocks looking similar. throw downs on the '20's lows, bull divs feeding for moves back into the mid range.
don't see any reason this doesn't make a run back towards range eq at a minimum.
NWE trade ideas
Bullish Shark on NWEA bullish Shark pattern is visible on daily chart of NWE.
TP1 - 38.2% pf CD
TP2 - 100% of CD
SL - Just below X
NWE NorthWestern Energy Moving on UpNASDAQ:NWE
NorthWestern Energy, is a utility based in South Dakota ,
not to be confused with ASX:NWE
On the daily chart we see the positive and negative indicators moving in opposite directions, which I have highlighted on the chart.
Think of closing of the jaws action, like that scene in Alien 3...for anyone that still remembers the film.
Anyway, on the chart, this is a bullish sign
This not financial advice, DYOR.
Northwestern Corp Utilities sectorTechnically there is a bullish tendency. Head and shoulders often shows reversing of trends. Also it's a utilities sector which attracts investors during economic downturns when interest rates are low. So, consider adding this to your portfolio. You will earn on dividends which are higher than current interest rates and on the price growth. Moreover, there is no previous historical highs other than $80, so hypothetically if price breaks above this level it can make up to 2X-5X considering current economic state.
Another Beaten Down Name Breaking HigherClear breakout. Stops beneath 48.
I hope we profit together. To get my signals before I make them public, shoot me a DM.
