PowerSecure International, Inc. (NYSE: POWR)

PowerSecure International, Inc. provides products and services to electric utilities and to their commercial, institutional, and industrial customers in the United States. It offers interactive distributed generation power systems, smart grid monitoring for electric utilities, peak shaving and demand response, and standby power dispatch and control solutions; PowerSecure solar distributed energy systems; and switchgear products and systems under the NexGear brand name.
Take a look at the 1-year chart of PowerSecure (NYSE: POWR) below with my added notations:

Back in May POWR took a massive hit, falling from $20 down to $7 in two days. Since that time the stock has slowly rebounded up to a high of around $12. During the rebound POWR created a key level at $10 (green) and an obvious resistance at $12 (red). The stock will eventually break one of those two levels, and that break will most likely dictate POWR’s next short-term move.

The Tale of the Tape: POWR has key levels to watch at $10 and $12. Long trades could be considered at $10 or on a break through $12. Short trades could be made at $12 or on a break below $10.
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