Duke Energy Corporation analysis, chart, and trading idea

#DUK

The trend is descending. The stocks trade in the range of 365 and 135 EMA. The ascending internal wave pattern is truncated. There is a bearish divergence on the Awesome Oscillator.

Trading idea:

Sell when the descending wave pattern is formed, where wave A breaches the inclined channel of the ascending truncated pattern.

Stop Loss: 99.00.

Target levels: 93.00; 89.00.