NEE is not quite to long entry level of 87.79. Golden cross below as the 50 crossed up and through both the 100 and the 200 SMA. Price is way above the 50 SMA, and price is sometimes drawn a bit closer to this moving average.
Price has been over the upper Bollinger band but has dropped back inside and now pushing over the top band today showing heavy buying pressure. Price tends to return to the interior of the bands eventually.
This pattern is only valid over long entry level as there will likely be resistance there.
Negative volume is very high.
No recommendation. NEE's cohort NEP is also moving.
Price has been over the upper Bollinger band but has dropped back inside and now pushing over the top band today showing heavy buying pressure. Price tends to return to the interior of the bands eventually.
This pattern is only valid over long entry level as there will likely be resistance there.
Negative volume is very high.
No recommendation. NEE's cohort NEP is also moving.
Comment:
9/2 A rising wedge has formed at top on daily
Comment:
suspicious W noted