CFD Trading –Buy Duke Energy Corp (DUK.NYS) @ $99.50. Stop @ $96.20 and Target @ $105.20.

Duke Energy Corp Stock Code DUK.NYS

Outlook

Price broke above the cloud in the previous trading session, changing the chart outlook to bullish. Conversion and Base lines had a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago but is inside the cloud. MACD has a bullish crossover and is hinting at a bullish price trend ahead. We think price is likely to move higher to the previous price high at $105.20 in the next 2-3 weeks.

Strategy                  

$99.50                Buy

$105.20              Price Target

$96.20                Risk Management Stop

3 weeks              Trade Duration

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