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Stock Of The Day: Will Constellation Energy Keep Moving Lower?
CEGstellation Energy (CEG) Benzinga·2025-02-24 18:40

Shares of Constellation Energy Corporation (CEG) are trading lower Monday. This comes after Friday's sell off of more than 8%. There is a good chance the move lower continues.As you can see on the chart, the stock found support around the $280 level and rallied. Stocks rallying after they reach support is a common occurrence in the stock market. But now, this support appears to have broken. This is why Constellation Energy is our Stock of the Day.Support is a price level where there is a large amount of buy ...