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AthenaCapital

TSX Utilities - Interesting juncture

S&P/TSX Capped Utilities Index (TSX:TTUT)  
AthenaCapital  
TSX:TTUT   S&P/TSX Capped Utilities Index
Trend Analysis Chart Patterns S&P/TSX Composite utilities tsxutilities FORTIS FTS canada
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trendanalysis chartpattern tsx utilities tsxutilities fortis fts canada
Second test of the 200 dma for the utilities and what comes next ?

Obvious prior tests of 200 dma have led to nice rallies will we see the same this time ?

Utilities are notoriously defensive stocks held as last resort for safety and yield

My thoughts are stay patient and don't be a cowboy for now lots of stocks in this sector are showing a lot of weakness don't try to buy the dip too soon most likely will get more opportunities in 2022

favorites amongst this sector are TA - FTS - SPB
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