Trade Call: Bullish Play on NRG Energy with Cup Base Pattern
-0.36%current return
"NRG Energy. This went up 4% today. And again, looking like maybe there's a little bit of a handle here, Justin, but in this cup base on a pattern wreck here on market surge."
— Justin Nielsen
The discussion centers on NRG Energy showing a strong technical pattern, specifically a cup base with a handle, and a 4% move up. The analyst indicates that NRG Energy is benefiting from broader energy demand driven by the AI trend, making it an attractive short-term trade.
High ConvictionScore: 8.0
Stock Idea •Stock Market Today With IBD • about 1 month ago