How Benzinga’s view on $PCG changed

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2026-08-31Bullish
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PG&E is a potential bounce candidate due to being oversold.

Um the two big ones were Edison International and then Pacific Gas and Electric Company. major major implications for um uh Edison and uh PG&E. PG&E, I think is PCG is the ticker, right?

Yep. Here we go. And you can see exactly where that sold down to.

Yeah. And it's uh pretty interesting how uh we did get some support on Friday when this news did break um from the 200 day SMA and then uh over the weekend it just lost that in a in a very big way.

And now it's coming down to some support areas uh back from uh October of last year. We're kind of approaching that. Uh we still haven't gotten uh beyond some of the November lows, but uh I think this this one and PCG could be uh some pretty interesting bounce candidates uh today because they're they're going to be open very oversold.