SEPCO Souther Electric Power CO. Analysis 24 July 2013
Rebound Insight
Our Pivot:2.84
Our Preference : Buy SEPCO above 3.60 till 3.29 with a strict stop loss of 2.84 and profit target at 4.85 and 5.42
Alternate Scenario: Downward Penetration of 2.84 will call for 2.11
NOTE: SEPCO is getting support from its 38% Correction level along with a very strong horizontal supportive line so its recommended to start buying it. as its mid impact indicators are also indicating for a reversal in price action.
Recommendations:
For New Entries ( buy above 3.60 till 3.29)
Existing buyers short term (Hold till 4.85 and 5.42)
Weekly Chart with Supports and Resistance:
3 COMMENTS
John Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Diana Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Melissa Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Peter Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.LEAVE A COMMENT