Duke Energy Trading Analysis (08/09/2025)
The trend is upward. The stock is trading within a range of 365 and 135 EMAs. The bearish wave structure has been truncated. There is a bullish divergence on the Awesome Oscillator and a signal of an oversold condition on the Stochastic Oscillator.
Trade idea:
- Buy at the beginning of the ascending wave formation, when wave A breaks the sloping channel of the truncated downward structure.
- Stop-loss at 120.00.
- Price targets are 123.70 and 125.80.
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