Have been watching NEE for quite some time now as it has earnings coming up on 7/23', personally am bullish- - Symmetrical triangle - Bollinger Bands squeezing - EMAs curling (not pictured) - Spike in buyer volume EOD on Friday - UOA- Unusual Options Activity (Bullish Sweep, January 2023' $100 strike) PT1- $79.15 PT2- $80.25 PT3- $81.50+
NEE looks like a really interesting stock at the moment. Based on the quant signals it looks like its in need of a retracement before any meaningful upward move thereafter. The company appears to have a relatively strong balance sheet and provides a range of services within the renewable energy sector including power generation from wind, solar and natural gas....
The PEAD projected a Bullish outlook for $NEE after a Positive under reaction following its earnings release placing the stock in drift A If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Interesting scenarios for Monday at opening . Possible 3 drivers pattern. Cheers.
NextEra Energy shares have broken that key resistance trendline which indicates a breakout to the upside. I am a strong believer in clean energy this year! Good Luck!
$NEE nice action today re-took all SMA and close above the 50SMA a close above $75.85 will signal a higher move $78 target. Playing this set up with a option call contract. Earnings 7/28 NYSE:NEE
Very nice trend line breakout with perfect MACD alignment. Love the small retracement bar gathering energy before the next pop. Buy entry above today's high of $73.60
Read the chart. Looks like NEE could hit a double bottom indicating a reversal and possibly an uptrend. We might see this push towards the $80 resistance line. On the RSI their appears to be a weak bullish hidden divergence. I only say weak because it isnt that drastic of a "higher low" on the price chart or that big of a delta (difference in change) on the...
Looks very promising here, reversal can be possible, keep eye on it.
Just a good set up for Next Era Energy Good luck Charlie
This is one I never thought would fall so far from the bearish rising wedge it traveled in from the bottom, but it fell the entire diameter. Like a symmetrical triangle, the break can be the entire length of the wide end of the wedge. I have found this much of a fall, to be unusual in a strong stock in this market in the past year or so. Possibly, market...