When the Price of (NEE) Talks, People Listen
October 01, 2024, 21:06 pm ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for NEE
- Buy NEE near 81.17 target 86.63 stop loss @ 80.94 Details
The technical summary data tells us to buy NEE near 81.17 with an upside target of 86.63. This data also tells us to set a stop loss @ 80.94 to protect against excessive loss in case the stock begins to move against the trade. 81.17 is the first level of support below 85.27 , and by rule, any test of support is a buy signal. In this case, support 81.17 is being tested, a buy signal would exist.
- Short NEE slightly under 86.63, target 81.17, stop loss @ 86.88 Details
The technical summary data is suggesting a short of NEE as it gets near 86.63 with a downside target of 81.17. We should have a stop loss in place at 86.88though. 86.63 is the first level of resistance above 85.27, and by rule, any test of resistance is a short signal. In this case, if resistance 86.63 is being tested, a short signal would exist.
Swing Trading Plans for NEE
- Buy NEE slightly over 85.39, target 86.63, Stop Loss @ 85.14 Details
If 85.39 begins to break higher, the technical summary data tells us to buy NEE just slightly over 85.39, with an upside target of 86.63. The data also tells us to set a stop loss @ 85.14 in case the stock turns against the trade. 85.39 is the first level of resistance above 85.27, and by rule, any break above resistance is a buy signal. In this case, 85.39, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short NEE slightly near 85.39, target 83.47, Stop Loss @ 85.64. Details
The technical summary data is suggesting a short of NEE if it tests 85.39 with a downside target of 83.47. We should have a stop loss in place at 85.64 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 85.39, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for NEE
- Buy NEE slightly over 85.39, target 86.63, Stop Loss @ 85.19 Details
If 85.39 begins to break higher, the technical summary data tells us to buy NEE just slightly over 85.39, with an upside target of 86.63. The data also tells us to set a stop loss @ 85.19 in case the stock turns against the trade. 85.39 is the first level of resistance above 85.27, and by rule, any break above resistance is a buy signal. In this case, 85.39, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short NEE slightly near 85.39, target 84.46, Stop Loss @ 85.59. Details
The technical summary data is suggesting a short of NEE if it tests 85.39 with a downside target of 84.46. We should have a stop loss in place at 85.59 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 85.39, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Nextera Energy Inc. (NEE) available here: NEE.
NEE Ratings for October 01:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
76.07 |
| P2 |
84.46 |
83.47 |
81.17 |
| P3 |
85.35 |
85.39 |
86.63 |
AI Generated Signals for NEE
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Nextera Energy Inc. (NYSE: NEE) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for NEE can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for NEE:
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