ITM.Trading

Bullish technicals with support at $34.53

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NYSE:POR   Portland General Electric Co
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$POR is holding structure support @ $34.53 after an earnings miss. The RSI is encroaching on oversold territory and the MACD is tightening in on the signal line suggesting a potential rebound is on the cards. Furthermore the candlesticks show several days of elongated wicks to the upside suggesting that bears are beginning to lose control of the sell down.

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