NextEra Energy, Inc.

NEE Update

183
NEE reports this week. We can see some relatively dramatic price movements after earnings releases over the past couple of years. NEE and NEP missed on revenue last quarter, but were within EPS estimates. There is an underlying concern for the fallout from their campaign donation violation and sustained higher rates are not good for their growth model. However, they operate in a growing region and continue to have conviction to continue their 4 year 9% earnings growth plan. 12 month price projections range from 82-95, with an average of $89.


Price is a bit lower in its upward channel and completed an inverse head and shoulders pattern earlier in the month. These have high probability of confirming reversal of a downtrend. I expect that we'll see a little resistance at the 200SMA before the uptrend sustains. On the daily chart you can see where I've planned to manage profits from my last entries in the $74-75 range.

스냅샷

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.