NYSE:NEE NEXTERA ENERGY INC painted us an interesting picture. First, on February 18th the tool updated its historical high and stopped at 283.35. But the short player sold his position and the tool rolled back down, in addition to everything, the market situation has done its job. It is obvious that the instrument follows the market. Secondly, we can see that...
Nextera Energy NEE should correct a little more until it returns to the main trend in the medium term.
Based on www.optionsprofitcalculator.com if we hit $247, that would be about 100% return. Going to look for higher potential returns, but in this one for now.
Started a new screener for overbought utilities, first chart attempt. Looks like at least $15 pull back once it turns around. Looking for $20...
NEE has a perfect bullish trend line happening. RSI not falling below 50 on uptrend & stochastic never becoming oversold on pullbacks. I would wait for the price to get near the trend line again for entry.
@ opening I`m gonna check for 2 month contracts with good price! If markets opening be around 231 I will leave the trade!
NEE GAP ANTICIPATION EARNING SEASON
Broke resistance at 175. Bought in at 176. Looking good so far.
Awaiting for price to retrace and confirm rejection/support on trendline. SSB: Ensure all/most indicators are bullish upon entry.
A clear ascending triangle appear for NEE. Go long?
NEE outperform Utilities and SP500
Pretty self explanatory. Nice potential risk/reward on this trade with a tight stop.