I am not an expert so do not expect this to be 100% right. With that said I do think this might be a pattern and if you can jump on it right as it gets to the lowest point you can make good money!
Euphoria doesn't make money, smart money does. If I was to go with a sector ETF, it would be buying lower, otherwise index tracker funds gives me adequate exposure. Interesting if the sell-off gathers momentum
NRG trend breakout on daily chart.
With Energy being a great investment with Biden in office, heres a great stock to add to your long term portfolio.
NYSE:NRG Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%.
NRG is my renewable energy choice. It has great potential for growth and is currently undervalued by at least 27% according to Yahoo finance. At this moment the stock market is seeing a huge drawback and as we near the election, markets are becoming more volatile. Currently, NRG might correct to $30 over the next few days. If $30 does not hold, next stop is $28....
The bear run seems finished for now, trend reversal is happening, if you are looking to get into NRG now is a good time. The dots are indicating a trend reversal, a tool you night not be familiar with, the Stochastic pop and drop. Please hit like if you found this helpful, Thanks!
Hello traders, NRG ENERGY is in a fake bearish move with a large sell volume executed this past session and before as well. NRG ENERGY is looking to turn around to go upwards, with a strong possibility of breaking out the stabilization zone. It wants to fill its bullish gap to go to the top of the zone which corresponds to half of the shadow of the last preceding...
Looks like a blowoff top on most energy stocks. Long on DRIP and short oil
NRG is testing on resistance level at current daily price. Failure to break this level might cause reversal. If break above resistance the price may go higher
Hello, I love how NRG is improving this crisis market, i think is an extremly bullish stock in the utility sector. I recommend it for long term during the covid market. Thanks!
Currently on a high volatility. Best thing to do as of the moment is to wait for the price to stabilize and find its base before entering for position trade.
My view is for a short term reversion in the direction of the trend... whats your view?
Looks like a classic short run with no news... so I am expecting a slow rise into the midpoint of the range.
Slower mover, but steady. Started in lows this morning, turned green so buying happening, not sure will stay here until earnings or will see a little more of a run. Definite value and growth stock, upcoming earnings expecting 128% YOY eps growth. In a technical breakout now, will see where it goes.