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Edison Intl (EIX) Breaks Through Resistance at $79.95

By James Quinn

Edison Intl (NYSE:EIX) has opened bullishly above the pivot of $79.55 today and has reached the first level of resistance at $79.95. Investors may be interested in a cross of the next upside pivot targets of $80.23 and $80.91.

Over the past year, Edison Intlhas traded in a range of $0.00 to $82.82 and are now at $0.00. The 200-day and 50-day moving averages have moved 0.43% higher and 0.81% higher over the past week, respectively.

Edison Intl has overhead space with shares priced $0.00, or 100.0% below the average consensus analyst price target of $83.49. Edison Intl shares should first meet resistance at the 200-day moving average (MA) of $63.10 and find additional resistance at the 50-day MA of $70.20.

SmarTrend is monitoring the recent change of momentum in Edison Intl. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Edison Intl in search of a potential trend change.

Keywords: pivot alerts edison intl

Ticker(s): EIX