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
