NEE - Bullish trend line
Updated
NEE has a perfect bullish trend line happening. RSI not falling below 50 on uptrend & stochastic never becoming oversold on pullbacks. I would wait for the price to get near the trend line again for entry.
Comment
NEE may be in position for a short. The stock price is down by the bullish trendline but RSI has fallen below 50 plus there is a bearish divergence between the price & the RSI indicator.
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