NEE Elliott Wave technical analysis [Video]
|NextEra Energy Inc. (NEE) Elliott Wave Analysis - Daily Chart,
NEE Elliott Wave technical analysis
Function: Trend.
Mode: Impulsive.
Structure: Motive.
Position: Minor wave 5.
Direction: Upside in wave 5.
Details: Anticipating continuation into wave 5, with potential sub-waves {i} and {ii} already in place. Monitoring for further upward movement within wave 5.
NEE Elliott Wave Analysis Trading Lounge 4H Chart,
NEE Elliott Wave Technical Analysis
Function: Trend.
Mode: Impulsive.
Structure: Motive.
Position: Minor wave 5.
Direction: Upside in wave 5.
Details: Considering the possibility of wave {i} of 5 being incomplete, suggesting potential higher upside targets. Observing 0.618 times wave 1 at around $88.
This Elliott Wave analysis for NextEra Energy Inc. (NEE) covers both daily and 4-hour charts, offering a comprehensive overview of current market positioning and potential future movements.
Technical analyst: Alessio Barretta.
NEE Elliott Wave technical analysis [Video]
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