NextEra Energy, Inc., (NEE) is an American Energy company through its subsidiaries generates, transmits, distributes & sells electric power to retail & wholesale customers in North America. The company generates electricity, through wind, solar, nuclear, natural gas & other clean energy. It is based in June Beach, Florida, comes under Utility sector & trades as “NEE” ticker at NYSE. In daily, it favors upside from October-2023 low & confirms bullish sequence, when break above $93.73 high. Currently, it favors upside in ((5)) to finish I & soon will starts correcting in II in 3, 7 or 11 swings pullback.
NEE – Elliott Wave Latest Weekly View: 
In Monthly sequence, it ended ((I)) at $93.73 high in December-2021, since its inception. It corrected lower in ((II)) as double correction, which ended at $47.15 low in October-2023 low. Within ((II)), it placed (w) at $67.22 low, (x) at 76.67 high as triangle structure & (y) at $47.15 low. Above ((II)) low, it favors upside in I of (I) of ((III)) & need to break above $93.73 high to confirm the bullish sequence. Above $47.15 low, it placed ((1)) of I at $64.59 high as diagonal, ((2)) at $53.95 low, ((3)) at $80.47 high & ((4)) at $68.97 low. Currently, it favors upside in ((5)) started from June-2024 low & expect small upside to finish I while high comes with momentum divergence. Later, it should correct in II in 3, 7 or 11 swings against October-2023 low before resume higher. If it extends higher & erase the momentum divergence, then it will be nesting in (I). We like to buy the pullback in 3, 7 or 11 swings, once it confirms bullish sequence. Until it breaks above December-2021 high, it can remain choppy or do larger double correction in ((II)), if breaks below $47.15 low. Elliottwave Forecast updates 1-hour charts four times a day & 4-hour charts once a day for all our 78 instruments. We do a daily live session, where we guide our clients on the right side of the market. In addition, we have a chat room where our moderators will help you with any questions you have about what is happening in the market at the moment. You can try us for 14 days for only $9.99.
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