Get Ready, Trader!
Wall Street’s been hot to find angles on the new energy ecosystem for years now. Smart grid, smart buildings, and before I forget, Tesla Batteries.
Premier Holding Corp. (PRHL) was right here all along converting businesses and houses to the modern way of routing the juice.
Maybe you’re looking for a deregulated utility that sells you what you need at a competitive price? PRHL finds that for hundreds of thousands of people.
Or if you need help managing your grid or even just keep the lights on with fine-tuned bulbs and automated switches, PRHL does that stuff too.
So it’s not really a wild wonder that the chart is swinging, it is? Trend like this can be any trader’s friend:
Yeah, that’s another 3-digit updraft right there. Unsettled market is throwing out a lot of these fence-clearing balls lately!
But unlike some of the up-up-UP charts we’ve been playing around here, PRHL has run back quite a ways from its recent peaks.
That gives the Posse an entry point more realistic than, for instance, waiting for PRHL to retest the implied top of its channel and THEN come in.
We’re closer to the bottom trend now. The spikes from similar price action have been EXTREMELY good to those who managed to time the moves.
Think our squad could catch the next one? Hard to say, but I’m impressed with the high MACD, RSI hanging on above 50 and especially the volume.
Rally goes on as long as it can, like the book says. And it ain’t like there’s a lack of catalysts in the power business these days!
The Commander’s Bullet Points on PRHL
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Utility is doing mighty strong. They’ve grown from 11,000 contracts four years ago to 200,000 now -- retention is through the roof, and it ain’t no wonder when you see how much customers save on their bills.
Bottom Line: I’ll gush more about PRHL as a next-generation power player in the morning. All this is just the introduction, me flipping on the lights.
For tonight, I want the Posse to contemplate that chart. See the rising bottom and the tops climbing just as fast? Makes a nice pattern, don’t it?
The right headline takes PRHL from levels like where the stock just closed to the top. It’s happened at least twice in the last month already!
And as the surges get more intense, I’m thinking the third swing may be the one to really break a fuse! If so, I want you THERE!
Happy, Happy, Happy Trading!
~ Stock Commander
yourstockcommander@gmail.com
