Sep. 1 at 2:12 AM
$EXC | Exelon Corporation (Utilities / Regulated Electric & Gas ⚡️🔌💡)
$EXC is coiling tightly near its multi-month ascending trendline support on the 8H chart around
$42.70. The stock has been consolidating inside a macro symmetrical triangle/wedge pattern while holding above its high-volume profile shelf between
$42.00–
$42.50. A successful defense of this trendline support sets up a mean-reversion move back toward upper supply resistance at
$46.00+.
Key Technical Levels:
• Confirmation Trigger:
$44.50 🚀
• Pivot Support:
$42.50 🐂
• Overhead Target 1:
$46.00 🎯
• Overhead Target 2:
$50.14 💰
• Downside Risk Level:
$40.00 🐻
• Stop Loss:
$41.80 🔴
Flow & Market Bias:
Structure: 8H Macro Ascending Trendline Retest / Volume Profile Shelf Base
Bias: Bullish above
$42.50
