TSX Utilities - Interesting juncture
Second test of the 200 dma for the utilities and what comes next ?
Obvious prior tests of 200 dma have led to nice rallies will we see the same this time ?
Utilities are notoriously defensive stocks held as last resort for safety and yield
My thoughts are stay patient and don't be a cowboy for now lots of stocks in this sector are showing a lot of weakness don't try to buy the dip too soon most likely will get more opportunities in 2022
favorites amongst this sector are TA - FTS - SPB
Obvious prior tests of 200 dma have led to nice rallies will we see the same this time ?
Utilities are notoriously defensive stocks held as last resort for safety and yield
My thoughts are stay patient and don't be a cowboy for now lots of stocks in this sector are showing a lot of weakness don't try to buy the dip too soon most likely will get more opportunities in 2022
favorites amongst this sector are TA - FTS - SPB
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.