NYSE:NEE has been rising since 2008. But it struggles to keep up the trend. If we loose the support area we may see another 20% percent down to the next big support trend that is coming from 2017. Bulls needs to show up for this beast.
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Well, it is trying to survive. Let's see if this new price action starts a new rally.
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You see how the insiders or big institutes know what is happening in the business. Let's see if the loooong term trend line holds or this giant sinks heavy.
@RyanStubbs00, they cut the growth estimation to half in the next years. But the news came in when the price was flooding around the purple region. So, "they" knew it already. When the news came in, it nuked down.
RyanStubbs00
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Ok thanks, you interested to buy at any levels? I also see they sold a part of their business for near to a billion surely they would reinvest that well enough for good growth
WhaleGambit
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@RyanStubbs00, not interested in anymore but it might find a support around 40-43.