-For the last 2 months AQN has traded above the VWAPs from the significant highs and lows of the year
-During the same 2 month period, AQN has outperformed XLU and is now challenging its all time high in outperformance vs. XLU
-AQN has recently been outperforming SPY after breaking out of a downtrend in SPY underperformance that has acted as resistance since March
$13.5 looks like a good line in the sand, I have to expect higher prices as long as AQN stays above it
-During the same 2 month period, AQN has outperformed XLU and is now challenging its all time high in outperformance vs. XLU
-AQN has recently been outperforming SPY after breaking out of a downtrend in SPY underperformance that has acted as resistance since March
$13.5 looks like a good line in the sand, I have to expect higher prices as long as AQN stays above it
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.