05.22.2025 /
NEE
Fundamentals. Negative background due to the bill to cancel tax benefits for clean energy companies.
Technical analysis.
Daily chart: Downtrend.
Premarket: Gap Down on moderate volume.
Trading session: The primary impulse from the opening of the session was stopped at 66.50. Buyers' strength is insufficient and the price retests the 66.50 level, and the next pullback was significantly smaller than the previous one. We are considering a short trade to continue the downward movement.
Trading scenario: #breakout with retest of the 66.50 level
Entry: 66.36 after the breakdown and holding the price below the level.
Stop: 66.66 we hide it above the high of the last pullback.
Exit: Cover part of the position at 64.46 after a reaction to the round level of 64.00 and when the structure of the downtrend is broken, cover the remaining part of the position at 64.64 upon confirmation that downtrend is changed to uptrend.
Risk Rewards: 1/5
P.S. In order to understand the idea of the Stock Of The Day analysis, please read the following information.
Fundamentals. Negative background due to the bill to cancel tax benefits for clean energy companies.
Technical analysis.
Daily chart: Downtrend.
Premarket: Gap Down on moderate volume.
Trading session: The primary impulse from the opening of the session was stopped at 66.50. Buyers' strength is insufficient and the price retests the 66.50 level, and the next pullback was significantly smaller than the previous one. We are considering a short trade to continue the downward movement.
Trading scenario: #breakout with retest of the 66.50 level
Entry: 66.36 after the breakdown and holding the price below the level.
Stop: 66.66 we hide it above the high of the last pullback.
Exit: Cover part of the position at 64.46 after a reaction to the round level of 64.00 and when the structure of the downtrend is broken, cover the remaining part of the position at 64.64 upon confirmation that downtrend is changed to uptrend.
Risk Rewards: 1/5
P.S. In order to understand the idea of the Stock Of The Day analysis, please read the following information.
Если у вас появились вопросы по данному разбору, у вас есть альтернативное мнение или вы хотите поделиться собственной акцией дня - добро пожаловать в Telegram t.me/stock_of_the_day_channel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Если у вас появились вопросы по данному разбору, у вас есть альтернативное мнение или вы хотите поделиться собственной акцией дня - добро пожаловать в Telegram t.me/stock_of_the_day_channel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.