The Traderszone Network

Published in TZ Latest News 4 August, 2017 by The TZ Newswire Staff

Southern Co (SO) Looks Up

Southern Co (SO) is a utility company with a pretty intriguing chart this week. 

THe SCTR got very low and is starting to move above 30, which is one style of trade I like. The Relative strength is clearly out of favor, so that is a major drawback. The price action has oscillated above and below the $48.50 level for the last year and this week closed back above it. 

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