NEE

 

NextEra Energy, Inc. logo

NEXTERA ENERGY, INC









NextEra Energy, Inc. engages in the provision of renewable energy. It operates through the following segments: FPL and NEER. The FPL segment involves the generation, transmission, distribution, and sale of electric energy in Florida. The NEER segment produces electricity from clean and renewable sources, including wind and solar. The company was founded on December 28, 1925 and is headquartered in Juno Beach, FL.


Clear super tight pattern. Great RR here.

My breadth tracker has shownm tech coming to an end of its clear strength, Market wanting and needing a big pullback, and utilities/defense names starting to show strength. 

NEE got killed and I cannot figure out why. NEE cut in half since ATH 2 years ago, and financials have doubled income and doubled EPS since then. Price seemingly forming a bottom, hoping to get that trend break and creation higher. 

They just had earnings that closed out the 2023 year, up 10% on aobut everything. so still growing strong. 

Queries edge to green. Similar studies are pretty good, several 70%+ Returns are small Green. 

Industry leaders are in a lot of falling weedges currently moving higher. Some earnigs also came out and are seeing good buying. Still looking like start of a trend higher as market looks to rollover lower.

Might be picking a bottom here but signs look good for it. We shall see

Stop 56

In 57 

PT 65

2/23

Odd week. Clear buying, but clear selling. Industry is helping but we just arent seeing it here yet.

Queries have shifted to clear green which I love. Price is so tight I am able to get very large with small risk. 

Industry is strong with clear breakouts.

History is almost turning green in all. If we get that 1 day breakout this can be a big trend changer. 


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