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NextEra Energy Is Breaking Down From a Major Top Formation

    NextEra Energy owns Florida Power & Light Co, which is America's largest electric utility that sells more power than any other utility. You may remember my bearish review of the SPDR Utility Sector ETF on August 30, so you should not be too surprised at these bearish charts of NEE. In this daily bar chart of NEE, below, I can see that prices have been on a downward path the past year.

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