NextEra Energy Inc (NEE) stocks Elliott Wave technical analysis [Video]

NEE Elliott Wave Analysis Trading Lounge.

NextEra Energy Inc., (NEE) Daily Chart.

NEE Elliott Wave technical analysis

Function: Counter Trend.

Mode: Corrective.

Structure: Flat.

Position: Wave C of (2).

Direction: Bottom in wave C.

Details: Looking for a potential bottom in wave (2) as we have reached the area of the previous 4 which is often times a target for wave C of the same degree.

Chart

NextEra Energy Inc., (NEE) 1H Chart.

NEE Elliott Wave technical analysis

Function: Counter Trend.

Mode: Corrective.

Structure: Flat.

Position: Wave C of (2).

Direction: Bottom in wave C.

Details: Here we are looking at a potential wave {i} and {ii} in place knowing we are very close to invalidation level,…

Source link