A beginning of a third leg in this flat formation. Early days, as nil confirmation yet, having said that the wave morphology is already highly suggestive of the early throes of an impulse. Volatility flipped not too long ago on the daily as well. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game....
$NEE is showing a potential 2-2 reversal on the quarterly chart with a very high risk to reward ratio.
We have a perfect golden cross 50/200 SMA, and currently a bounce over a pivot line.
The PEAD projected a Bullish outlook for $NEE after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 70%.
Closley watching NEE . Breakdown of the triangle , bounced from the support and now retesting the breakdown. Risk reward is awesome ngl
Nextera's upside is ongoing after prices has been sustaining above the kumo, thus confirming the three bullish golden cross formation. Ascending triangle is also hinting of a potential break.
Stop loss: 81.25 Take profit: 60.88 Risk/Reward: 8 *No.1 Manage your Risk*
Stop loss: 81.19 Take profit: 71.34 Risk/Reward: 2 *No.1 Manage your Risk*
NextEra is on a crucual support of December 2020 and with increasing energy demand, a weekly bullish setup can be played. Initiate Bull PE spread i.e. sell 17 June 70 PE at opening price on Jun 14 and buy 6.5 PE of the same expiry. Net credit. Square off on expiry and enjoy the credit. SL 64 - 74.
bears hold control if we cant climb back above trend support, next targets to downside are 71.23-66.11-61
REMAINING REASONS TO BE BULLISH Green energy & ESG projects are still top of mind for many investors We still remain above the 100 week moving average and in the green channel “Only” trading 26x above earnings Growing earnings at 8% a year Paying a modest dividend of ~2% Not much else I’m afraid… WHY I’M BEARISH The weekly RSI has just...
Based on its downtrend, regress off resistance and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent in profits IF NEE breaches today's low of $70.26 during tomorrow's session.
The PEAD projected a Neutral outlook for $NEE after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 33.33%.
I love when I find short setups like this where the natural short entry happens to be so close to the obvious stop loss. I know others will see this risk/reward too, and will take this trade. There will be plenty of short orders at that level.
Desicion to Buy. Entry Price = $82.55. Target Price=$84.30. Stop Price=$80.80
Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price. Entry Price: $82.37 Target Price: $83.27 Stop Loss: $80.84
Thank you Avi Gilburt youre so smart; he's a CPA, Lawyer and what 8 degrees in economics..... I didn't graduate college, I think my GPA was 1.4
Forecast for 2022. First a nice move up trying to correct up but will continue down up to fibonacci 1.618.