Duke Energy Trading Analysis (01/09/2025)
The trend is upward. The stock is trading in a range between 365 and 135 ЕМАs. The bearish wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.
Trade idea:
- Buy at the beginning of the ascending wave formation when wave A breaks the sloping channel of the truncated downward structure.
- Stoploss at 122.00.
- Price targets are 124.50 and 125.80.
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