NEE
Next Era
Recently did a split, so cheaper to get in. 4% yield, great mix of growth and dividend, and is a utility so even if we double dip into recession utilities should stay strong in the years to come.
First target @86
Long after Fall from Rising wedge complete. This is not a huge rising wedge so fall will possibly be brief as it has dipped out of the bottom trendline. RWs are not valid unless the bottom trendline is broken. This pattern needs at least 3 weeks to form but can be a long term pattern. RWs interrupt supply and demand (there is too much supply) There will be a...
Nee pulled back to form a handle for the cup it has been forming..
Not a recommendation..
I do not think this stocks is involved in the outright war between big money and smaller folks regarding the market...but I am in the smaller folks corner!
Good luck to all! and always be safe!
With this chart, I have identified two possible options plays (both long OTM buys) based on the current trend and moving average positions, there a couple of indicators I found proving both an upside and downside theory so it's fair to say at this point the market must decide.
The pink boxes are possible entry zones Id be comfortable with given the support and...
Possible Stop under C..
ABC bullish patterns are a correction pattern and the target is D..D is not here yet though (o:
Targets are calculated using the AB leg of the pattern..
In a bullish market and a bullish stock, targets can extend to 100%, 127% 161% of the AB leg..
Previous cup and handle and so far the handle low (HL) has held as support
Not a recommendation
