Duke Energy Corporation Stock Code DUK.NYS
Price managed to stay above the cloud during a price correction keeping the uptrend intact. In the previous trading session, price broke above a recent high, creating an Ichimoku reversal with a DUK price projection target at $96.70. Conversion line and Base line had a bearish crossover and is hinting of a bearish price trend ahead. Lagging Span is below price of 26 days ago but is above the cloud at the moment. MACD is bearish. If price is unable to move above $107.20, it could be heading towards the support at $110.90.
$96.70 Price Target
$110.90 Risk Management Stop
3 weeks Trade Duration