Pattern Energy and 4 More Stock Charts to Watch
These energy stocks have one thing in common, so keep an eye on them.
Here are five stocks whose charts you should watch.
Exelon (EXC) - Get Report is forming a textbook ascending triangle pattern -- it's a buy above $36. A breakout signal for OGE Energy (OGE) - Get Report happens when shares crack resistance up at $36. Pattern Energy (PEGI) - Get Report looks "bottomy" -- a reversal becomes the high-probability trade once shares hit $20.
California Water Services (CWT) - Get Report , a water utility, has been in an uptrend for more than a year now. It's still a "buy the dips stock" in 2017. American Electric Power (AEP) - Get Report is showing traders a textbook inverse head and shoulders pattern. Buy it above $64.
This article was written by a staff member of TheStreet.
