Trade Idea for Exelon Corp. (NASDAQ)

Exelon Corp. (NASDAQ)
#EXC

The trend is upward. The descending truncated wave structure has completed with a breakout of the trendline. The stock is trading between the 365 and 135 EMA. The Awesome Oscillator shows a bullish divergence.

Trade Idea:

Buy on the breakout of 46.18.

Stop Loss — 45.06.
Target levels — 47.44; 48.30.