Traders are watching this Double Bottom on NEE. Inspect the chart now.
Reversal pattern after a downtrend.
Reversal pattern. Price likely to break upwards.
NEE is showing interesting structural developments at $89.14. Price has moved to $89.14 (0.99%) amidst recent volatility. Price action has carved out a classic Double Bottom. Volume is average (0.41x avg) with moderate trend strength (41.6). A potential breakout level is identified at $98.75, targeting $110.87 with support near $92.69 (R:R 2.0).
What is your outlook on NEE?