Every major technological revolution needs fuel—and right now, one quiet corner of the market is supplying it. The rapid buildout of AI data centers has ignited an energy demand boom that’s rewriting the playbook for traditional utilities. Suddenly, a once-sleepy sector has become one of the market’s most unexpected growth engines. The stock leading this charge has been powering higher week after week, locked in a relentless uptrend that traders can’t ignore. Momentum is surging, the chart is near flawless, and it looks like this move has plenty of room to run.

What’s fueling this move isn’t hypeit’s hard fundamentals. As the AI revolution drives record electricity demand, major data center operators are turning to reliable regional utilities to keep the power flowing 24/7. That’s where Entergy Corp (ETR) steps in. With a dominant footprint across key southern energy markets and a surge in long-term infrastructure projects, ETR’s growth trajectory looks more like a tech stock than a traditional utility. The fundamentals are translating directly to price action—steady earnings acceleration, firm demand, and a stock that keeps pressing to new highs. Institutional money is catching on, and the chart shows exactly what that kind of conviction looks like: strong, sustained buying pressure and a breakout that continues to strengthen.

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What really made me stop and take a deeper look, though, wasn’t just the story—it was the chart. ETR’s technical picture is nothing short of impressive. The stock isn’t just trending higher—it’s dominating every major trendline on the board. From the 50-day to the 200-day moving average, the price action is stacked beautifully above each one, showing a clean, orderly advance that speaks to conviction buying. But the most powerful confirmation comes from a longer-term signal that’s been quietly flashing “Buy” for months: the 1-month price remains firmly above the 10-month SMA—and has been since November ‘23. That kind of persistent strength is rare, and it tells me this uptrend isn’t just holding… it’s building momentum. When you see a setup where the fundamentals and the technicals are marching in lockstep like this, you’re not just looking at another trade—you’re looking at a trend with real staying power.

With a technical backdrop this strong, I’m targeting this setup with a directional call option purchase. ETR’s chart is sending a clear message—the uptrend is healthy, momentum is firm, and the path of least resistance remains higher. If this stock continues to climb the way it has, I want a trade that can fully capture that upside. At current prices, there’s a slightly ITM call option that offers a potential gain of 136% if shares rise just 10% by expiration. That kind of risk-to-reward ratio is exactly what I look for when momentum, structure, and timing all align.

If you want to learn how I spot these setups—and get my top trade idea each week—then you need to be inside my Weekly Profit Opportunity (WPO) video newsletter. Each week, I break down the most compelling technical charts, share my top trading setups, and walk through the strategy behind them. And right now, you can get in for just $1 for your first month—that’s four full weeks of trade alerts and analysis for less than your daily order at the coffee shop. This is one of the best deals you’ll find in trading education—don’t sit on the sidelines. 👉 Grab your $1 trial today and see what smart trading looks like in action.

Wishing You the Best in Investing Success,

Blane Markham

Chief Trading Strategist

Author, Trade of the Day

Have any questions? Email us at dailytrade@chuckstod.com

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