Exelon Corp. - EXC - close: 46.39 change: -0.49 stop: 47.25

Why We Like It:
Once again it looks like shares of EXC are poised to breakdown under support near $46.00. I'm suggesting readers use a trigger at $45.80, which is just under the November low. If triggered our first target is $42.25. Our second target is $40.25. The Point & Figure chart is already bearish with a $40 target.

Annotated chart:

Entry on  November xx at $xx.xx <-- TRIGGER @ 45.80
Change since picked:     + 0.00   			
Earnings Date          01/21/10 (unconfirmed)    
Average Daily Volume:       4.2 million 
Listed on  November 19, 2009