FP3 trade ideas
$NEE with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $NEE after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 70%.
NEE trading IdeaClosley watching NEE . Breakdown of the triangle , bounced from the support and now retesting the breakdown. Risk reward is awesome ngl
Nextera Energy: Ichimoku's three bullish golden cross inforceNextera's upside is ongoing after prices has been sustaining above the kumo, thus confirming the three bullish golden cross formation. Ascending triangle is also hinting of a potential break.
Next Era Bounce LongNextEra is on a crucual support of December 2020 and with increasing energy demand, a weekly bullish setup can be played. Initiate Bull PE spread i.e. sell 17 June 70 PE at opening price on Jun 14 and buy 6.5 PE of the same expiry. Net credit. Square off on expiry and enjoy the credit. SL 64 - 74.
breaking trend support ☃ bears hold control if we cant climb back above trend support, next targets to downside are 71.23-66.11-61
NEE - NextEra of ⬇️ Price ActionREMAINING REASONS TO BE BULLISH
Green energy & ESG projects are still top of mind for many investors
We still remain above the 100 week moving average and in the green channel
“Only” trading 26x above earnings
Growing earnings at 8% a year
Paying a modest dividend of ~2%
Not much else I’m afraid…
WHY I’M BEARISH
The weekly RSI has just entered the bull zone
We’re perilously close to crossing below the 100 week moving average and on a declining trajectory
Very much overdue a correction
A normal P/E ratio would be in 15-18 ratio. This would price it back in the $30s.
Much better value stocks in the energy sector, paying much higher dividends.
NEE have traditionally paid as high as 4% yield going back to the early 2000’s, the decline to 1.6% in December 2021 may yet be “beaten” with an even lower yield this time out. This will likely turn away many savvy investors looking for underpriced value.
WHAT I’M DOING
Definitely NOT buying this stock, not even 30% off all-time highs
Will be wanting for the trigger to confirm in order to enter short in the coming days
First target would be $35, with a terminal target of $18 to come back and retest an important level. This would also coincide with the 0.618 fib off the entire 40 year move.
Short scalp NEEBased on its downtrend, regress off resistance and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent in profits IF NEE breaches today's low of $70.26 during tomorrow's session.
$NEE with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $NEE after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 33.33%.
NextEra Energy NEE Short Setup With Excellent Risk/RewardI love when I find short setups like this where the natural short entry happens to be so close to the obvious stop loss. I know others will see this risk/reward too, and will take this trade. There will be plenty of short orders at that level.
23/3/2022 NYSE (NEE)Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
Entry Price: $82.37
Target Price: $83.27
Stop Loss: $80.84
NEE---Weekly timeframe Thank you Avi Gilburt youre so smart; he's a CPA, Lawyer and what 8 degrees in economics.....
I didn't graduate college, I think my GPA was 1.4
Nextera energy chartForecast for 2022. First a nice move up trying to correct up but will continue down up to fibonacci 1.618.
NEE Bullish BreakoutNEE bounced off an older resistance from May, look for October support to become new support level. Price approaching Fib retracement level of 38.2%, look for bullish breakout @ $79.
Looks like it will Make a Nice Bullish run SoonWhat do you Girls/ Guys Think of this Good looking Chart????
NEE longA lot of order flow has come in the past few days. While we are trading below it i do believe they are accumulating for a long. A break of the bearish belt buckle would be a good early entry and a base over all prints and the 23 at 85.34 would be a safer entry imo. i think this has room to 91.5-95.5 once it breaks the downtrend.
NOT FINANCIAL ADVICE
NextEra Energy is ready for a new Era of bears. NEEIndeed. There is a harmonic reversal pattern potentially at play here. It is not shown, because I could not be bothered. Otherwise due for a quick pivot and drop on this one anyway, given the shown evidence.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
the trend is your friend 😊nee this very strong trend channel, could hit 94.16 resistance then pull back to support.
but if we break trend then it could easily hit 96.98-99.81
like and follow for more Heart with arrow
