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Is NEE lining up for a decline? Fell Below 50 Day Moving Average shows up after dropping 1.15%
On Friday, July 31st, NEE moved down 1.15% while volume was to 1.1× the usual levels. consolidation patterns formed: NR7 and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 86.52, 86.13 & 85.33, with resistance at 87.71, 88.51 & 88.9.
Current SwingTradeBot Technical Rating of NEE: B
More technical signals and insights for NEE → Visit SwingTradeBot.com
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