1
WEC stock price is preparing to reach the $100 mark after breaking out of the falling pattern.
2
WEC Energy shares are trying to remain above 20-EMA to reach the 50, 100 and 200-days daily moving averages.
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WEC Energy Group Inc. (NYSE: WEC) stock slumped around 11.32% year to date.
WEC stock price may break out of the falling pattern to reach the $100 mark as buyers provide desired support. However, WEC shares may decline from the upper trendline of the declining pattern over the daily time frame chart. WEC share price has been falling through an interesting descending parallel channel since April 2023. Now buyers need to accumulate at a higher rate in order to push WEC upwards.
WEC shares are trying to sustain at 50-EMA to reach the 100 and 200-days daily moving averages. As of now, the 50-EMA line is playing as a resistance because sellers were getting involved in the trade during Wednesday’s trading session.
WEC stock price was $8
We współpracy z: https://www.thecoinrepublic.com/2023/10/19/wec-energy-group-inc-is-wec-stock-price-ready-for-100-mark/
