Stock Of The Day: Is Southern Company About To Head North?

Some analysts think the market can't be timed. They think that it follows a "random walk." These analysts are wrong. Successful traders can identify important price levels. They know when a stock reaches one of them, there is a good chance the trend reverses. That's how they time the market and profit. An example of this can be seen on the chart of Southern Co SO. This is why it is our Stock of the Day. The $88.50 level has been important for Southern Company since early August. It was resistance then and n ...