Sposy
01-07 14:44

Nextera Energy Possible Swing Play Here

$NextEra(NEE)$  

Quick Summary of NEE:

One of the largest suppliers of renewable energy, mainly solar and wind power.

Partnerships:

Google and Facebook, both have long-term power purchase agreements (PPAs) to supply their data centers.

Risk of trade:

Trump favours more on fossil energy, it may be a shaky outlook for NEE being a renewable energy company.

NEE closed at $71.24 yesterday, currently trading at a huge support zone of $69-$71.

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Comments

  • Tigerous
    01-07 17:16
    Tigerous
    bottomed already?
    • Sposy
      I can’t tell you that it’s already bottomed. I believe if NEE was to bounce it will be in the range of 69-71
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