Duke Energy Trading Analysis (26/08/2024)
The trend is ascending. The stock is trading in the range between 365 and 135 ЕМА. The downward truncated wave structure finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator. The breach of 113.00 will start the formation of the ascending wave structure.
Trading idea:
- Buy at the breach of 113.00
- Stop-loss at 111.30.
- Price targets at 114.50 and 116.50.
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