NEE Cup & Handle Breakout Retest: Holding 50-Day MA + Bull Flag

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NEE Cup & Handle Breakout Retest: Holding 50-Day MA + Bull FlagNextEra Energy, Inc.BATS:NEEGutta_CEO_NextEra Energy (NEE) is delivering a multi-pattern continuation setup with strong confluence: - Prior Cup & Handle completed → breakout higher, rallied strongly. - Now retesting the breakout line (former resistance = new support) ~$88–$90 zone. - Simultaneously hugging the 50-day moving average (key dynamic support). - Daily Bull Flag forming: sharp flagpole up from $78 base, followed by tight downward-sloping consolidation channel (pullback on low volume). Energy sector rotation accelerating as investors rotate out of overextended tech/AI into defensives/utilities like NEE (renewables leader + massive data-center power demand tailwind). If $88-$90 holds with volume pickup, measured move from cup + flagpole targets $95–$100+ (ATH zone), extension to $110–$120 possible on strong follow-through. Watch for close above $94–$95 to confirm bull flag breakout and reversal. Low-risk entry on retest utility strength shines in uncertain markets. #NEE #CupAndHandle #BullFlag #BreakoutRetest #EnergySector #Utilities