Hilba

Nee Long Squeeze

Long
NYSE:NEE   NextEra Energy, Inc.
Price is good. Fundamentally the market is what it is right now but this stock is at a buying opportunity. You can wait to see it confirm more or buy right away going into the holiday weekend(Labor Day). This company is a major energy company in the southeast(FPL), and after hurricanes usually does well by the way, which is just one point though. It's at a squeeze right now at the bottom of range to go upwards and gain momentum. It held the bottom low. It has a dividend, and is fair valued. Basically it could be the bottom of the dip at this level and can go higher.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.