PEG Hammering Support With Downward Momentum
PEG is looking like a classical pattern that we see when price loses support. Lots of downward momentum. PEG lost the 200 SMA already and has rejected multiple times. It has a squeeze setting up on the daily and the sector itself, Utilities, is showing weakness as I discussed in yesterday's video.
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Get more in-depth analysis on my website: joerodtrades.com
Get Funded: apextraderfunding.com/member/aff/go/jrod730
Get Funded: apextraderfunding.com/member/aff/go/jrod730
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.