CFD Trading –Buy DTE Energy Company (DTE.NYS) @ $113.80. Stop @ $109.20 and Target @ $120.35.

DTE Energy Company Stock Code DTE.NYS

Outlook

Price broke above the cloud in the previous trading session, changing the chart outlook to bullish. Conversion line and Base line had a bullish crossover and is hinting at a bullish price trend ahead. Lagging Span is above price of 26 days ago but is below the cloud.  MACD has a bullish crossover and is hinting at a bullish price trend ahead. If price can stay above the cloud, it could be heading towards the previous price high at $120.36 in the next 2-3 weeks.

Strategy                  

$113.80              Buy

$120.35              Price Target

$109.20              Risk Management Stop

3 weeks              Trade Duration

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