Symbol: XEL (NYSE)

Signal:  LONG – 1/15/2014

New LONG signal on XEL based on a profitable trading pattern going back to January 2013.  Vanguard increased their existing position by 1.85% as of 9/30.   Stock is about to break through a very long descending triangle formed since May of this year.

Supporting research:

http://www.usatoday.com/story/money/2014/01/06/heat-is-on-for-utility-companies-in-states-hit-by-cold-blast/4343149/

http://www.forbes.com/sites/kensilverstein/2013/12/06/energy-subsidies-fan-the-flames-but-all-sectors-share-in-the-federal-pie/?partner=yahootix