- Company: Exelon
- Stock Ticker: EXC
- Bias: Bullish
Exelon Corporate has been slowly grinding upwards since hitting a low of $35.57 back in February of this year. With winter coming we can also expect electricity bills to rise and the pop above $45 last Friday is really nice, which is building a nice bullish case for this stock.
As someone who wants to go long EXC, I would look at placing a buy stop limit at $45 and place my protective stop at $43. This stop is below the 100 day moving average which has held as support since September. A break below this would invalidate this trade.