Consolidated Edison (ED) Recently Broke Out Above the 200-Day Moving Average
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Consolidated Edison (ED) has broken above its 200-day moving average, indicating a potential long-term bullish trend. This technical breakout suggests that ED could be a favorable stock pick.
February 11, 2025 | 3:45 pm
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Consolidated Edison (ED) has broken above its 200-day moving average, indicating a potential long-term bullish trend. This technical breakout suggests that ED could be a favorable stock pick.
The breakout above the 200-day moving average is a significant technical indicator suggesting a bullish trend. This could attract investors looking for long-term growth, potentially driving the stock price up.
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