Possible stop below C.
Target is D. If price goes below C by a significant amount, then the pattern is not valid. Most would think of this as a defensive play.
I have this in my IRA due to the high dividend.
Day Range
94.71
95.69
EPS (FWD)
5.65
PE (FWD)
16.83
Div Rate (FWD)
$4.02
Yield (FWD)
4.23%
Short Interest
0.94%
Market Cap
$73.28B
No recommendation.
Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments, Electric Utilities and Infrastructure (EU&I) and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; and uses coal, hydroelectric, natural gas, oil, renewable generation, and nuclear fuel to generate electricity. This segment also engages in the wholesale of electricity to municipalities, electric cooperative utilities, and load-serving entities. The GU&I segment distributes natural gas to residential, commercial, industrial, and power generation natural gas customers; and invests in pipeline transmission projects, renewable natural gas projects, and natural gas storage facilities. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2006. The company was founded in 1904 and is headquartered in Charlotte, North Carolina.
Target is D. If price goes below C by a significant amount, then the pattern is not valid. Most would think of this as a defensive play.
I have this in my IRA due to the high dividend.
Day Range
94.71
95.69
EPS (FWD)
5.65
PE (FWD)
16.83
Div Rate (FWD)
$4.02
Yield (FWD)
4.23%
Short Interest
0.94%
Market Cap
$73.28B
No recommendation.
Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments, Electric Utilities and Infrastructure (EU&I) and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; and uses coal, hydroelectric, natural gas, oil, renewable generation, and nuclear fuel to generate electricity. This segment also engages in the wholesale of electricity to municipalities, electric cooperative utilities, and load-serving entities. The GU&I segment distributes natural gas to residential, commercial, industrial, and power generation natural gas customers; and invests in pipeline transmission projects, renewable natural gas projects, and natural gas storage facilities. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2006. The company was founded in 1904 and is headquartered in Charlotte, North Carolina.