The technical summary data tells us to buy NEP near 24.47 with an upside target of 27.68. This data also tells us to set a stop loss @ 24.4 to protect against excessive loss in case the stock begins to move against the trade. 24.47 is the first level of support below 27.03 , and by rule, any test of support is a buy signal. In this case, support 24.47 would be being tested, so a buy signal would exist. The technical summary data is suggesting a short of NEP as it gets near 27.68 with a downside target of 24.47. We should have a stop loss in place at 27.76though. 27.68 is the first level of resistance above 27.03, and by rule, any test of resistance is a short signal. In this case, if resistance 27.68 is being tested, so a short signal would exist.
If 27.68 begins to break higher, the technical summary data tells us to buy NEP just slightly over 27.68, with an upside target of 31.82. The data also tells us to set a stop loss @ 27.6 in case the stock turns against the trade. 27.68 is the first level of resistance above 27.03, and by rule, any break above resistance is a buy signal. In this case, 27.68, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan. The technical summary data is suggesting a short of NEP if it tests 27.68 with a downside target of 26.58. We should have a stop loss in place at 27.76 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 27.68, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
If 27.68 begins to break higher, the technical summary data tells us to buy NEP just slightly over 27.68, with an upside target of 31.82. The data also tells us to set a stop loss @ 27.62 in case the stock turns against the trade. 27.68 is the first level of resistance above 27.03, and by rule, any break above resistance is a buy signal. In this case, 27.68, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan. The technical summary data is suggesting a short of NEP if it tests 27.68 with a downside target of 26.9. We should have a stop loss in place at 27.74 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 27.68, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Nextera Energy Partners Lp Representing Limited Partner Interests (NEP) available here: NEP.
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Nextera Energy Partners Lp Representing Limited Partner Interests (NYSE: NEP) report below is a real world example. Included are trading plans for NEP, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.…Read more by Thomas Kee
