Friday 23 January 2009

UniSource Energy

The renko chart we’re showing today is from UniSource Energy Corporation (ticker: UNS).
There is a negative signal.
The CCI is overbought and the developing correction tends to accelerate. The SAR just flipped above the price action.
A sell candidate…

UniSource Energy Corporation (UniSource Energy) is a holding company that conducts its operations through its subsidiaries. UniSource Energy owns TEP, UniSource Energy Services, Inc. (UES), Millennium Energy Holdings, Inc. (Millennium) and UniSource Energy Development Company (UED).

The Company conducts its business in three segments: TEP, UNS Gas and UNS Electric. TEP is an electric utility that provides electric service to the community of Tucson, Arizona.

UES, through its two operating subsidiaries, UNS Gas, Inc. (UNS Gas) and UNS Electric, Inc. (UNS Electric), provides gas and electric service to 30 communities in Northern and Southern Arizona.

On March 31, 2006, Millennium sold its interest in Global Solar Energy, Inc. (Global Solar), its largest holding.

Ok my friends. The pub is waiting. TGIF.
Have all a great weekend.


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