Many times outages are not restored, sometimes for weeks, because the location of a broken power line is not known immediately or a massive overhaul on systems is needed and parts may be on the other side of the world.
The uptrend in the relative performance, line b, was broken on January 11 and support (line c) was broken six days later.
The key relative performance support at line e was broken in September and the RS line is now dropping sharply.
The support on the % change chart, line a, was broken a week earlier (line 1) as the gain for the year fell below 9%.
The OBV has also broken support, line h, that goes back to the May lows.
From a technical perspective, the stock has already broken a trend line going back to October and has been consolidating since.
The RS analysis had broken support, line h, in early 2010, and then tried to form a new level of support, line i.
Volume was especially heavy last week at 131 million shares as the OBV has broken support (line c) that goes back to early 2012.
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The RS line has already broken out to the upside, as resistance (line c) has been overcome.
By February 11, the RS had surpassed major resistance at line i and the OBV had also broken through the resistance at line j.
The weekly relative performance has formed lower highs over the past few months (line c), and has just broken its long-term uptrend (line d).
The RS versus the MSCI World Index has already broken though resistance at line g.
The daily RS has broken its downtrend, line b, consistent with the recent strength.
The relative performance has just broken its downtrend, line b, and shows a very positive formation.
The OBV has broken its downtrend (line c) and appears to be starting a new uptrend.
The weekly OBV had been deteriorating since late March as it had broken its uptrend, line b.
The RS dropped below its weighted moving average last week and has now broken its uptrend, line b.
The relative performance has also broken its downtrend, line g, which completes the bottom formation (line h).
The weekly relative performance has just broken its downtrend, line d, that goes back to the 2011 highs.
The price action has been confirmed by relative performance as it has also broken its downtrend, line b.
The weekly relative performance has broken its downtrend, line f, and is now in a clear uptrend.
Daily OBV has broken through resistance at line c, confirming the price action.
The volume last week was the highest since June, and the on-balance volume (OBV) has broken through resistance (line d).
Daily on-balance volume (OBV) did not make new lows in October and has now broken through resistance at line c.
The relative performance has just broken its downtrend, line i, as it has been above its WMA since the end of October.
The volume was very strong last week and the daily OBV has broken through resistance, line i, and now looks very bullish.
The relative performance, or RS analysis has risen sharply since early June, as it has just broken through resistance (line b).
The uptrend in the daily RS analysis, line g, was broken in March, and it did not confirm the highs, line f.
The relative performance surged last week, which was picked up on my weekly scan, and it has broken through resistance (line c).
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