Nrg
NRG BUY+++++Leave it to douchebag analysts to downgrade a stock after it's taken a large gap down and dropped precipitously on a merger buyout. Nonetheless, this is oversold here. We have 2 zones of near term support. View unchanged we should see over $40 in coming weeks, this is an opportunity to ADD. Add again in $32.45 ish and heavy around $30. New moon phase began which will be helpful to long positions.
NRG Breakout! {UPDATE}
NRG follows through with massive move! lets see if it holds on the retest and then moves higher.
This has taken a long time but I think this move has legs judging by the volume it looks like for higher moves are coming.
Patience is key!
The Energi crisis is over!Strong bounce with heavy volume for weeks now. Look for an NRG breakout against BTC soon.
The RSI has had a double bottom and this time the follow through makes a new high.
It seems we might have found a hard floor.
Not investment advice.
$NRG JUN 45c Whale AlertA whale is buying the JUN 45C in NRG Energy.
I like the chart, gap above on the daily and weekly we can see right at trendline support. I followed the trader here, looking for a move to the upside in the next few weeks.
Also looks like a good entry for a common swing trade if you are not liking the option idea - $34 SL with $45 PT.
NRG update!Looks like the extremely under valued token Energi has finally started to make it's move. We'll keep a close eye on it in the coming weeks and see where it goes. I still think it's very early in this rally and still very, very undervalued against Bitcoin and Etherium. Any dips on this token should be great buys!!
Indicators used are the ADX and DI along with STEVE'S FIBMA.
I have circled the trend line that is showing a triple bottom on the ADX & DI. Anything above 25 on the ADX & DI shows a strong momentum. The higher it goes the stronger the momentum.
Not financial advice But I think the risk to reward here is very worth it!!
Is there an Energi crisis?Energi has been on a 10 month bullish divergence against Etherium. The risk level on going any lower against ETH is very low IMO vs the upside potential is worth it.
NRGETH Technical Analysis⏳ Spot
💎 NRGETH has broken above the symmetrical triangle, the price has got back to the support line and has got rejected once. It is possible that it comes again before it continues the Bullish move again. If the price gets rejected it will go up to reach the TPs
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 0.0005500
☕️ TP1 0.0005775
🍺 TP2 0.0006080
🍻 TP3 0.0006460
🍾 TP4 __________
🍷 TP5 __________
🍸 TP6 __________
🍹 TP7 __________
🎁 TP8 __________
🚫 SL 0.0005220
Good Luck 🎲
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a Profitable Day
$NRG: Rapid Growth in this Customer Focused Utility CompanyGuidance & Growth
NRG is reaffirming its guidance range for 2021 with respect to Adjusted EBITDA, Adjusted Cash from Operations and Free Cash Flow before Growth Investments (FCFbG) which excludes the full year impact of Winter Storm Uri. NRG's FCFbG for the six months ended June 30, 2021 was $768 million.
NRG has a very compelling value proposition, a unique consumer business that can deliver 15% to 20% annual growth in free cash flow per share over the next five years.
Dividend
A strong dividend growing at 7% to 9% per year. A best-in-class sustainability framework embedded in everything we do and a commitment to maintain a strong balance sheet and continue to be excellent stewards of your capital.
Technicals
You can see we've built up a strong long term base with a recent burst higher. High natural gas prices could be here to stay and NRG could benefit.
NRG ENERGY BEARISHNRG 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.
Watch the DMI and MACD for trend reversal and buy the dip as low as you can.
NRG with regards to the election, my prediction :
a Biden win surges NRG upward
a Trump win will correct NRG to levels below $28. BUT, it will climb again after the election.
Hit like if you found this helpful.
Thanks, Ev
NRG/BTCI flipped this one a while back, basically went all in on with the dust I had in my Kucoin account, which was devastated by the bear market. This was a 3x for me! It's helping to rebuild my Kucoin account slowly.
I thought I would take a look at it again since I haven't in a while. There is nothing bullish about this chart. I am glad I didn't buy back in. I have laid out two paths for NRG:
1. Break the diagonal trendline and retest the current level (this is long term major horizontal support).
2. Break this support level, and reclaim it.
For now, I will not touch this, but I think it is coming close to the point where one can trade it again.