Duke Energy Corp (NYSE) Analysis, Chart, and Trading Idea

#DUK
 

The trend is descending. The stock is traded nearabout the upper border of the descending price channel. The pattern 'Long-Legged Doji' is observed on the H4 timeframe. There is a false breach of the important round level of 97.00.
 

Trading idea:

Sell at the breach of 196.31;

Stop-loss:  97.46;

Target price levels: 95.00, 92.20.