NRG is tightening up around its daily trend. Our premium indicator has also giving multiple blue continuation signals.
It looks bearish and broke down. It can retest it covid lows. It has high debt and net revenue loss. With high interest rates, a good portion of its revenues will go towards interest payments.
My original chart I posted to add heavy around $30 as this is very strong support here. Highly oversold on many indicators including osciallators, AO, CCI, RSI, Stochastic RSI, holding support, new moon printed. Target holds of $38 to over $40 in coming weeks
Leave it to douchebag analysts to downgrade a stock after it's taken a large gap down and dropped precipitously on a merger buyout. Nonetheless, this is oversold here. We have 2 zones of near term support. View unchanged we should see over $40 in coming weeks, this is an opportunity to ADD. Add again in $32.45 ish and heavy around $30. New moon phase began...
NRG is oversold on acquiring another company, overdone should easily bounce back to $42.80 in coming weeks.
Inverted H&S waiting for the right arm of the H&S pattern to complete Showing its bullish phase
NRG $NRG High-risk Initial Short. TP and SL on chart. Move SL on TP. At TP2 trail at 0.5ATR step, 1.5ATR offset.
NRG follows through with massive move! lets see if it holds on the retest and then moves higher. This has taken a long time but I think this move has legs judging by the volume it looks like for higher moves are coming. Patience is key!
Strong bounce with heavy volume for weeks now. Look for an NRG breakout against BTC soon. The RSI has had a double bottom and this time the follow through makes a new high. It seems we might have found a hard floor. Not investment advice.
A whale is buying the JUN 45C in NRG Energy. I like the chart, gap above on the daily and weekly we can see right at trendline support. I followed the trader here, looking for a move to the upside in the next few weeks. Also looks like a good entry for a common swing trade if you are not liking the option idea - $34 SL with $45 PT.
Looks like the extremely under valued token Energi has finally started to make it's move. We'll keep a close eye on it in the coming weeks and see where it goes. I still think it's very early in this rally and still very, very undervalued against Bitcoin and Etherium. Any dips on this token should be great buys!! Indicators used are the ADX and DI along with...
As the long term resistance got broken on daily TF , now Im expecting a rally from NRG/BTC
Energi has been on a 10 month bullish divergence against Etherium. The risk level on going any lower against ETH is very low IMO vs the upside potential is worth it.
⏳ Spot 💎 NRGETH has broken above the symmetrical triangle, the price has got back to the support line and has got rejected once. It is possible that it comes again before it continues the Bullish move again. If the price gets rejected it will go up to reach the TPs 🌐 Tradingview 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at Market or...
Guidance & Growth NRG is reaffirming its guidance range for 2021 with respect to Adjusted EBITDA, Adjusted Cash from Operations and Free Cash Flow before Growth Investments (FCFbG) which excludes the full year impact of Winter Storm Uri. NRG's FCFbG for the six months ended June 30, 2021 was $768 million. NRG has a very compelling value proposition, a...
See chart, very oversold
I am not an expert so do not expect this to be 100% right. With that said I do think this might be a pattern and if you can jump on it right as it gets to the lowest point you can make good money!
With Energy being a great investment with Biden in office, heres a great stock to add to your long term portfolio.