Duke Energy Crop Stock Code DUK.NYS
Outlook
Price moved above the cloud 2 days ago and yesterday price had a higher closing above the cloud. Price has also moved above the Conversion and Base lines. Both Conversion and Bases lines had a bullish crossover earlier confirming the bullish trend. Lagging Span is above price of 26 periods ago but is still below the cloud at the moment. Price could be moving higher to test the previous high. Price is also at the Fibonacci 62% of the decline from $97.37 to $86.44. MACD is strong and bullish at the moment with both its lines above the zero line. MACD’s histogram is also picking up momentum and this could drive price above the Fibonacci 62% correction point. We think price can move higher to test the high of $96.20
Strategy
$92.90 Buy
$96.20 Price Target
$90.40 Risk Management Stop
3 weeks Trade Duration
T Mobile US Inc Stock Code TMUS.NAS
Outlook
Price moved above the cloud yesterday with a strong and larger than average bullish candle. It was also almost twice the size of the candle the previous day. This could be a hint of a change in trend. Price has tried to break below the cloud but was not successful but this time the breakout looks a lot stronger than before. Both Conversion and Base lines had a bullish crossover earlier hinting of a bullish trend. MACD is also very strong and bullish with both its line high above the zero line. Both MACD’s lines are also rising at a strong gradient, which is a hint of a strong bullish trend. We think price should be able to test the previous high of $83.85.
Strategy
$80.55 Buy
$83.80 Price Target
$78.90 Risk Management Stop
3 weeks Trade Duration
