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January 17, 2024

Hyper-Specific Opportunities

Hey, it’s Ross Givens here with the Chart of the Day. Unveiling another actionable trade idea in the dynamic nuclear and uranium sector, I present NRG Energy (NRG), a substantial player with a market cap exceeding $11 billion. Known for its steadier trends and lower volatility, NRG closed precisely at its reliable 21-day moving average at the week’s end—a consistent support level throughout its recent moves. This strategic pullback offers an ideal entry point, with the stock already showing signs of an uptick. In today’s Insight of the Day, I decode the nuances of this opportunity, guiding investors on when to zoom in and when to zoom out for optimal gains.

January 17, 2024 No Comments

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