I have been following CEG for a while and am looking to obtain more energy expansion in my portfolio. I would LOVE to buy this stock closer to 275, but this might now happen. There have been weekly wicks into the top of the buy zone, so far I have missed the opportunity as I am in other plays. We note a ranging stochastic, and very elevated volatility. This is because energy growth stocks are associated with Ai expansion. CEG recently partnered with microsoft to restart the 3 mile island nuclear plant but with upgraded technology and safety features. The market might still be soured on nuclear, but it remains a very effective energy source.
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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.