Tuesday, November 4, 2014

Exelon Is Showing Bearish Divergence


Update: I have posted an update to this post as at November 17, 2014.


Exelon has had a lengthy rise and has done well for its investors. There may be a stall coming in the advance as the Twiggs Money Flow is showing some bearish divergence.


I am adding this chart to the mix as divergences are often made obvious by Macd or CCI and the Twiggs indicator can also be illustrative.



Here is the chart showing the divergence. (click on the chart to enlarge)









Exelon is a huge corporation with some diverse interests, I have curated a couple articles and as you will see in the articles not all writers are in favor of current policies.

First a look at part of the Bloomberg Snapshot for Exelon:



You can see the rest of the Bloomberg Snapshot here.


This 'market solution' only benefits Exelon - Crain's Chicago Business
 Sat, 01 Nov 2014 20:11:04 GMT
This 'market solution' only benefits ExelonCrain's Chicago BusinessYou know you've got a good thing going when profitability is only a bailout away. That's the kind of mojo that's working at Exelon Corp., which is signaling it will seek legislation n ...
Read more ...



$580 MILLION EXELON RATE HIKE?? That's the price tag for their nuke bailout ... - The Capitol Fax Blog (blog)
Sat, 25 Oct 2014 15:11:15 GMT
$580 MILLION EXELON RATE HIKE?? That's the price tag for their nuke bailout ...The Capitol Fax Blog (blog)Yet now Exelon is demanding an annual 580 million dollar bailout from ratepayers—industrial, commercial and residential—because they don't want ...
Read more ...









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