Based on www.optionsprofitcalculator.com if we hit $247, that would be about 100% return. Going to look for higher potential returns, but in this one for now.
Started a new screener for overbought utilities, first chart attempt. Looks like at least $15 pull back once it turns around. Looking for $20...
NEE has a perfect bullish trend line happening. RSI not falling below 50 on uptrend & stochastic never becoming oversold on pullbacks. I would wait for the price to get near the trend line again for entry.
@ opening I`m gonna check for 2 month contracts with good price! If markets opening be around 231 I will leave the trade!
NEE GAP ANTICIPATION EARNING SEASON
Broke resistance at 175. Bought in at 176. Looking good so far.
Awaiting for price to retrace and confirm rejection/support on trendline. SSB: Ensure all/most indicators are bullish upon entry.
A clear ascending triangle appear for NEE. Go long?
NEE outperform Utilities and SP500