Cup & Handle WATCH: NRGIf we get a nice Santa Clause melt-up, followed by a sell off in January, expect people to flock to utilities. The first bill everybody pays is their electricity bill. If we start to get the handle formation, I'm betting the house as soon as we gap up.by nodiggityUpdated 3
$NRG falling wedge on daily$NRG coiled into a falling wedge on daily chart. On lower extreme of bollingers. Expecting a move up if it can close above the 200 MA. Longby TraderMentality1
NRGSelling calls and buying put debit spreads, looking for an increase in down side momentum towards 9-10Shortby Allott_o_Options0
"golden cross"Usually the 20MA crossing over the 200MA is a good sign for the bulls.Longby Lucky_Lee_1
NRG-false break strategyThis strategy is said to be very reliable, specially on higher timesframes (D1 and more). Weekly chart analisis: Here is the textbook theory: 1) Prices is on clear downtrend 2) Prices breaks an important area of S/R and retraces inmediately (within 3 candles) 3) There is divergence on histogram and moving averages on MACD 4) Risk/Reward ratio: at least 1 to 2 Here we have also an inverse head and shoulders pattern Lets see what happens Best RegardsLongby FullTimeTrader1
NRG Should get strong movement soonTesting double top End of the V dow trend with ab correction Starting an uptrend with SMIO & TRIX indicators, Strong volume today, the title has change of hand. Next : Starting a short C-correction then the title should bounce or fall around $30.16Longby Mirandole0