NextEra Energy, Inc.Short
$NEE Drop - Base - Drop
The Drop Base Drop pattern is a technical chart formation that suggests a possible continuation of an existing downtrend. This pattern typically begins with a significant price decline, which is then followed by a consolidation phase, characterized by sideways movement, referred to as the base. After this phase of consolidation, the downtrend is expected to resume, indicating that the bearish trend is likely to continue.
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