The Daily SSB /Weekly Kijun is the inflexion level....78 zone. We are clearly rejecting that zone and that adds confluence to the bearish head and shoulders formation i am seeing:
Entry:76.70
SL: 78.42
TP: 72.90
R: 2.21
The Daily SSB/Weekly Kijun is the inflexion level....78 zone. We are clearly rejecting that zone and that adds confluence to the bearish head and shoulders formation i am seeing:
Entry:76.70
SL: 78.42
TP: 72.90
R: 2.21
The PEAD projected a Bullish outlook for $NEE after a Positive over reaction following its earnings release placing the stock in drift B
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Description: NEE is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $78.3 - $80.6
2. Take profit: $91.92
3. Stop Loss: $176.37
4. Risk To Reward: 1 / 6
5. Accuracy Rating: 96%
The PEAD projected a Neutral outlook for $NEE after a negative under reaction following its earnings release placing the stock in Drift D
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The fall from Rising wedge has been excruciating! NEE has invalidated the cup and handle pattern in the process. The wedge won )o:
Rising wedges can fall all the way to a parallel trendline drawn horizontally from the inside wedge trendline (see orange line) I did not think NEE would fall that far or I would have sold all of it verses half of it..lol. But I...
I never use indictors. Why? Alot of them are lagging indicators. I prefer to identify fractals and use them as signals for bull and bear strategies.
***This does not constitute financial advice.***
so much support coming into play this ones a no brainer, thank you to KB24 for bringing it to my attention and telling everyone when he entered :D looking for 78-80 this week and ill unload the rest of the calls. New chart added to watchlist!
