The Quantum Capitalist $MU & $NEE Analysis 1/21/2025Simple strategy using top-down analysis to find entries, profit targets, and options contracts on Micron and Nextera Energy
NEE trade ideas
To the TOPThe price is climbing back within the green channel.
In recent weeks, it reached the long-term support area of $65-66 (indicated in blue) and regained strength.
Now it is preparing to break the purple resistance in the coming week.
A close above will start the next bullish impulse towards the ATH indicated by the light blue resistance
LNG on NEE with proper STP LOSS placementThe Setup
The Long-term(M) chart is in an downtrend
The current-term(W) chart is in new formed uptrend
The small-term(D) chart used to ENTER and EXIT
The odd Enhancers
- the ENTER was in the DZ (demand zone) of the (W) chart Higher Low uptrend.
- tight STP loss
- if the DZ holds there is room for profit to run
The trade followed all the rules the ENTER and the EXIT or STP-Loss is calculated with a good Reward to Loss ratio.
The DZ did not hold on a bearish day and a close in the (D) day chart below the DZ, triggered my STP LOSS
I See the long-term(M) monthly chart is already in a technical downtrend. the Weekly Chart (W) did not break the (M) downtrend. By breaking the Demand zone, the Weekly chart is technically in a downtrend. Looking for opportunities to short
Nextera Energy(Extended Hours) | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Nextera Energy(Extended Hours)
- Double Formation
* ((Wedge Structure)) | Completed Survey
* 012345 | Wave Count | Entry Bias | Subdivision 1
- Triple Formation
* 88.50 USD | Area Of Value | Subdivision 2
* Numbered Retracement | Subdivision 3
* Daily Time Frame | Behavioural Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
NEE Long OpportunityPrice has found support at the 200W EMA which coincides with a critical zone of support between $69 to $71. On the daily timeframe price looks to have formed a corrective move to the downside following 3 strong daily candles.
A long position can be entered here with a stop loss at $69.32 and price targets at $79, $86, $90
$NEE Drop - Base - DropThe Drop Base Drop pattern is a technical chart formation that suggests a possible continuation of an existing downtrend. This pattern typically begins with a significant price decline, which is then followed by a consolidation phase, characterized by sideways movement, referred to as the base. After this phase of consolidation, the downtrend is expected to resume, indicating that the bearish trend is likely to continue.
NYSE:NEE - ELLIOTT WAVE ANALYSIS: 22 NOV, 2024©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M.
Since the low at 47.15, I see a Five-waves push higher labeled 1-grey to 5-grey. Basically the 4-grey wave may have ended at 72.69 and the 5-grey wave is unfolding to push higher.
While price must remain above 72.69 to maintain this view.
Alternate Wave Count: Shows the 4-grey wave is longer than expected, but the low at 72.69 is still very important that price must remain above.
$NEE with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:NEE after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%.
Florida HurricaneThe market gapped down and invalidated this option but the idea is still good and I've decided to publish it.
Watchlist: NEENEE came up on my stock scanner, so I'm adding it to my watchlist. I got a setup signal(1). Looking to enter long near the close of the day if the stock can manage to close above the last candle highs(2) with a stop-loss below (3) and a price target above(4). Also came from a recent very oversold zone (RSI-2) (5) which makes it extra juicy.
= = = =
"Success is just happiness. When you are happy, that is success."
NextEra Energy (NEE) – Ascending Channel Near Key ResistanceNextEra Energy - NYSE:NEE - is trading in a strong ascending channel with rising lows, converging toward a key resistance around $91.50 .
The stock is well above all moving averages, signaling bullish momentum. With an upcoming earnings report , NEE could break through to a new 2-year high, especially considering its potential benefit from the ongoing AI boom.
However, the RSI is running hot , so it’s crucial to keep an eye on the bottom channel support line for signs of weakness. A break below could signal a retracement, but for now, the setup looks strong for continued upside.
Do you think NEE can sustain this momentum, or is it at risk of overheating?
Energy is very long term bullishThis looks like it wants higher... very OG well positioned energy ticker.
All Eyez on $NEEI'm sure Tupac would appreciate that title shoutout!
But, on to NYSE:NEE , it is currently in my #BuyWholesaleSellRetail area, outperforming nicely right now. It was kind enough to give us a pullback. What are your thoughts?
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utilities thinking about utilities want to see a breakout in comparison to XLK ( tech ) Looking at NEE, need a breach of the 20/ 50 this may happen within a few days, Also every MArch we need to get NEE on the radar ( hot )
Time to Catch the Falling Knife or Brace for a Breakdown.NextEra Energy, Inc. (NYSE: NEE) has recently displayed significant bearish sentiment, as indicated by the recent price action and technical indicators. With the stock trading at $70.44, down 2.59% at the close, and hovering just above a pre-market price of $70.85, it faces crucial support and resistance levels. This analysis will delve into the technical aspects, moving averages, oscillators, and key financials to forecast the potential price trajectory of NEE in the near term. Additionally, the current economic backdrop, including energy market dynamics and company-specific news, will be incorporated to form a comprehensive outlook.
The recent candlestick pattern shows a significant bearish engulfing pattern, indicating strong selling pressure. This pattern is reinforced by the high trading volume of 29.17 million shares, surpassing the average volume of 11.61 million. The sharp decline from the recent high of around $85 in early May to the current levels highlights a possible trend reversal or at least a deep correction phase.
Immediate Support: $70.44 (Current Price Level) - Holding this level is crucial to avoid further declines.
Critical Support: $67.99 (Exponential Moving Average 100) - A break below this level could see the price testing $66.38 (Exponential Moving Average 200) or even the next Fibonacci support at $62.01.
Resistance: The stock needs to overcome resistance at $75.74 (Pivot Point) to resume an upward trend. Further resistance lies at $80.99 (Fibonacci R1), aligning with historical highs and psychological barriers.
All significant moving averages, including the EMA (10, 20, 50) and SMA (10, 20, 50), are currently signaling a 'Sell.' The EMA (200) at $66.38 serves as a long-term support level, which, if breached, could trigger a deeper sell-off.
RSI (14): Currently at 38.27, indicating the stock is nearing oversold conditions but not quite there yet.
Stochastic %K (14, 3, 3): At 13.70, it suggests a near-term oversold scenario, potentially hinting at a short-term bounce.
MACD: Negative at -0.10 with a bearish crossover, reinforcing the downward momentum.
Momentum (10): At -6.71, suggesting continued bearish pressure.
S1: $71.02 - A critical support level to watch for short-term movements.
R1: $80.99 - A key resistance level if a rebound occurs.
P: $75.74 - The pivot point that must be reclaimed for any bullish sentiment to take hold.
Revenue and Earnings: The recent earnings report shows fluctuating revenue with a mixed net income trend. Despite the dip, NextEra maintains a substantial market cap of $144.72 billion and a reasonable P/E ratio of 19.70, indicating a potentially undervalued stock given its earnings capacity.
Dividends: With a yield of 2.92%, the stock provides a decent income for investors, but the payout ratio at 52.25% suggests limited room for growth in dividends.
Cash Flow: A noticeable volatility in free cash flow, with significant outflows in Q4 '22 and Q1 '23, followed by recoveries in subsequent quarters, reflects the company's investment activities and operational adjustments.
Recent News and Market Sentiment:
Recent news impacting NextEra includes concerns over regulatory changes in the energy sector, rising interest rates affecting utilities' borrowing costs, and general market volatility in the wake of fluctuating energy prices. These factors contribute to the heightened bearish sentiment around the stock.
Long Position:
Entry Point: If the stock sustains above the $70.44 support level and shows signs of reversal, consider initiating a long position.
Target: Aim for an initial target of $75.74 (Pivot Point), with a secondary target at $80.99 (Fibonacci R1).
Stop Loss: Set a stop loss at $67.99 (EMA 100) to limit downside risk.
Short Position:
Entry Point: If the stock fails to hold above $70.44 and breaks below $67.99, consider shorting.
Target: Look for a move down to $62.01 (Fibonacci S2), with a potential extension to $58.90 (Woodie S3).
Stop Loss: Place a stop loss at $75.74 (Pivot Point) to protect against an unexpected reversal.
Speculative Price Target:
Given the current bearish momentum, a speculative downside target could be $62.01, aligned with the Fibonacci S2 support. On the upside, if bullish sentiment returns and the stock reclaims its moving averages, a rebound to $84.75 (Classic R1) is possible, though it would require a significant shift in market dynamics and sentiment.
NextEra Energy, Inc. is at a critical juncture, with its stock teetering on significant support levels amidst bearish indicators and broader market uncertainties. Traders should brace for potential volatility and consider both long and short strategies with defined entry and exit points. Keep an eye on market news and economic developments that could impact the energy sector's outlook.
Looking for an NEE bullish swing. 🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
NEEContinuation of an idea.
The company belongs to the "defensive" sector of utilities, which is resilient to a slowing economy.
With the Fed set to begin easing the MPC, I believe the backdrop will become more favorable.
tp1 61
tp2 69
NEE NEE NEE BUY BUY BUYHoping to see consolidation around current levels, looking to 2x in the next 2-3yrs.
NEXTERA NOT STOPPING
NEE - Increased probability loss of valueInterpretation:
Previously disorganized Fibo clouds have gradually aligned themselves generating resistance against the evolution of the candles. The compacting of fibo clouds from different timeframes signals direction and strength towards the first target to be reached
Reaching the first target makes it necessary to move the stop loss to the position where the entry was made. The purpose of this action is to protect the result that has been achieved and to ensure that the final target is reached with a reduced risk of losses on the trade.
The use of risk management, an integral part of this method, has been fundamental in achieving planned results.
Risk Return Ratio 3
If 48$ is broken out, next target is 30$Energy stocks will shine even more than they have done it at the present, but more work must be done.
Therefore, I expect a retest to 48$.
My target is that we could see 30 or even 25$ once 48$ is taken out.
To sum up: Watching at 48$. If it doesn´t hold I will start buying at 30$
