๐ Ticker:
NFE (New Fortress Energy Inc.)
๐ Timeframe: 1W (Weekly)
๐ Price: $3.34
๐ Volume: 829K
๐ Time Horizon: 39 months (~Q4 2028)
๐ Technical Setup:
NFE has formed a classic falling wedge over multiple quarters and is now attempting a long-term reversal from a compressed base. The structure suggests explosive upside potential if recovery unfolds as mapped.
๐ป Massive wedge complete
๐ข Accumulation phase after capitulation
๐ Breakout path projects full reversion to long-term resistance line
๐ง Targets & Return on Invested Capital (ROIC):
๐ฅ Entry Zone: $3.00โ$3.50
โ Stop-Loss: Weekly close below $1.65 (wedge structure failure)
๐ฏ Target 1: $6.89
โ ROIC: +105.6%
๐ฏ Target 2: $8.26
โ ROIC: +145.5%
๐ฏ Target 3: $11.10
โ ROIC: +230%
๐ฏ Target 4: $16.24
โ ROIC: +383%
๐ฏ Target 5: $24.97
โ ROIC: +643%
๐ฏ Target 6: $32.48
โ ROIC: +866%
๐ฏ Target 7: $39.68
โ ROIC: +1081%
โ ๏ธ Key Insights:
Technical compression resolved upward = breakout watch
Price > $4.00 could initiate strong upside wave
Attractive for long-duration swing traders and structured LEAP positions
Rare asymmetric opportunity within energy sector
๐ฌ Will NFE reclaim its prior cycle highs over the next 3 years?
Follow us and track the setup as it unfolds.
#NFE #TechnicalSetup #WedgeBreakout #LongTermTrade #EnergyStocks #TargetTraders #10xOpportunity
๐ Timeframe: 1W (Weekly)
๐ Price: $3.34
๐ Volume: 829K
๐ Time Horizon: 39 months (~Q4 2028)
๐ Technical Setup:
๐ป Massive wedge complete
๐ข Accumulation phase after capitulation
๐ Breakout path projects full reversion to long-term resistance line
๐ง Targets & Return on Invested Capital (ROIC):
๐ฅ Entry Zone: $3.00โ$3.50
โ Stop-Loss: Weekly close below $1.65 (wedge structure failure)
๐ฏ Target 1: $6.89
โ ROIC: +105.6%
๐ฏ Target 2: $8.26
โ ROIC: +145.5%
๐ฏ Target 3: $11.10
โ ROIC: +230%
๐ฏ Target 4: $16.24
โ ROIC: +383%
๐ฏ Target 5: $24.97
โ ROIC: +643%
๐ฏ Target 6: $32.48
โ ROIC: +866%
๐ฏ Target 7: $39.68
โ ROIC: +1081%
โ ๏ธ Key Insights:
Technical compression resolved upward = breakout watch
Price > $4.00 could initiate strong upside wave
Attractive for long-duration swing traders and structured LEAP positions
Rare asymmetric opportunity within energy sector
๐ฌ Will NFE reclaim its prior cycle highs over the next 3 years?
Follow us and track the setup as it unfolds.
#NFE #TechnicalSetup #WedgeBreakout #LongTermTrade #EnergyStocks #TargetTraders #10xOpportunity
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.