Trade Ideas: PWR

Shaping the right-hand-side of a new base, coming off a small double bottom. The real action will come on a break of $14.56. Look for test of $20; point-n-figure chart target of $24 is not unreasonable here. Resistance lurks around $18.50.

Quanta Services, Inc. operates as a provider of specialty contracting services. It offers end-to-end network solutions to the electric power, gas, telecommunications, cable television, and specialty services industries in the United States.

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