Duke Energy Corp Stock Code DUK.NYS
Price broke above the cloud on 24 May and has been pushing higher in the past 4 trading days. In the previous trading session, price broke above a V-shaped Ichimoku structure with a price target at $121.40. Conversion and Base lines had a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish trend. MACD is bullish after a bullish crossover. We think price is likely to move higher to the Ichimoku V shaped price projection at $121.40 in the next 2-3 weeks.
$121.40 Price Target
$109.90 Risk Management Stop
3 weeks Trade Duration