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

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