Prices are above the kana indicator in the daily timeframe. Pay attention to the wedge resistance in the weekly timeframe.
This utility stock with a great yield has had a deep pull back. Looks like an ugly top and price is well below the neckline. Possible crab but price went past the 1.618. No recommendation
The PEAD projected a Neutral outlook for $DUK after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 60%.
Before July 15th, we could see an increase of at least 100% (OTM option price). Using options so time is the only SL. Strike: 115 Current Mark Price: 1.35
Similar Double Bottom patterns allow for the time assumptions of the next bull run The first lasted for 7735 days If the second is anything like the last, we still have some more to go
Duke Energy Short Term -We look to buy at 105.90 (stop at 102.26) Buying pressure from 97.00 resulted in prices rejecting the dip. This is positive for sentiment and the uptrend has a potential to return. Bespoke support is located at 105.50. There is scope of selling at the opening but we expect support to stem any losses. Preferred trade is to buy dips close...
If DUK can break above 112 and hold support this could be a beautiful set up. We have a large trend channel that has a bullflag inside and so far price has came down and currently double bottoming on top of the bullflag support This would be a perfect confirmed backtest. If we want the front run it we could but we’d have to stop below 107. If we’re looking at the...
The PEAD projected a Bullish outlook for $DUK after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 55.56%.
$DUK´s price discovery process usually forms downward flags
Looking to align Duke fortunes to the broader market. We tested the daily kijun on Friday and that usually comes with a retreat. I am expecting this retreat today, caution however should be taken due to good earnings which I anticipate to have been priced in by the 3.5% gain from May 2. Sell limit @ 111.91 TP 109.81 SL 112.66 R ...
If this can hold this 107 area here for a bit we might be looking at a backtest of a bull flag. Only bearish part is this longer term resistance has been tapped with a big rejection. Insinuating that could call a top and we need to resort to lower channel at 85.30. Which if we lost 107 the. The support back inside bull flag is 96$. With the macd sell on the...
If it can break support on this pretty disorganized triangle on hourly, could have a decent pull back after the last couple weeks steady gains.
The PEAD projected a Bullish outlook for $DUK after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 50%.
Description DUK has been working this patter that looks a lot like a head and shoulders, missing some volume indications. If so, the neckline has been broken here at 97. As always, most patterns are not confirmed until they are already over. The break through 97 is the signal for the entry, and also the stop loss for the position. Using long puts to leave the...
The PEAD projected a Bearish outlook for $DUK after a Negative over reaction following its earnings release placing the stock in drift C If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
The PEAD projected a Neutral outlook for $DUK after a Negative Under reaction following its earnings release placing the stock in drift D If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
An LDC is a fractal on the lower time frames. It a rule of thumb to know when to buy.
Energy stocks have been pretty strong lately but is DUKE ready for reversal?