Consolidated Edison Inc

A terminal Blow-Off Top has formed at the recent highs, with a sharp red reversal candle rejecting an overextended move above the EMAs. This exhaustion spike signals the uptrend has peaked. With both the Medium-Term bias now bearish and Short-Term timing favoring a sell, we engage now at the resistance zone. Using a Stable strategy, we act conservatively by executing at this reversal point.

• ↑Plans $28B of grid modernization and clean energy investments through 2028
• ↑Targets net-zero emissions by 2050 after cutting scope-1 emissions 54% since 2005
• ↓Profit margins under strain as extensive CapEx undermines profitability factors