📍 Ticker: 
NFE (New Fortress Energy Inc.)
📆 Timeframe: 1W (Weekly)
📉 Price: $3.34
📊 Volume: 829K
📈 Time Horizon: 39 months (~Q4 2028)
🔍 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.
🔻 Massive wedge complete
🟢 Accumulation phase after capitulation
📐 Breakout path projects full reversion to long-term resistance line
🧠 Targets & Return on Invested Capital (ROIC):
📥 Entry Zone: $3.00–$3.50
⛔ Stop-Loss: Weekly close below $1.65 (wedge structure failure)
🎯 Target 1: $6.89
→ ROIC: +105.6%
🎯 Target 2: $8.26
→ ROIC: +145.5%
🎯 Target 3: $11.10
→ ROIC: +230%
🎯 Target 4: $16.24
→ ROIC: +383%
🎯 Target 5: $24.97
→ ROIC: +643%
🎯 Target 6: $32.48
→ ROIC: +866%
🎯 Target 7: $39.68
→ ROIC: +1081%
⚠️ 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
💬 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
NFE (New Fortress Energy Inc.)📆 Timeframe: 1W (Weekly)
📉 Price: $3.34
📊 Volume: 829K
📈 Time Horizon: 39 months (~Q4 2028)
🔍 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.🔻 Massive wedge complete
🟢 Accumulation phase after capitulation
📐 Breakout path projects full reversion to long-term resistance line
🧠 Targets & Return on Invested Capital (ROIC):
📥 Entry Zone: $3.00–$3.50
⛔ Stop-Loss: Weekly close below $1.65 (wedge structure failure)
🎯 Target 1: $6.89
→ ROIC: +105.6%
🎯 Target 2: $8.26
→ ROIC: +145.5%
🎯 Target 3: $11.10
→ ROIC: +230%
🎯 Target 4: $16.24
→ ROIC: +383%
🎯 Target 5: $24.97
→ ROIC: +643%
🎯 Target 6: $32.48
→ ROIC: +866%
🎯 Target 7: $39.68
→ ROIC: +1081%
⚠️ 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
💬 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
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.