Potential short if another strong move up happens tomorrow. Guess long holders didn't learn the first time around!
this little piggy looks like its about to bust out and test 90
Distribution starting in June/May resulted in a 14% fall. Accumulation took over from June to July. I have noted the anomalies that indicate, to me, market maker and insider actions. They tried to move it up 4% before testing and found there was still a lot of selling going on. It still rose but didn't have the insider participation everyone needed to keep it...
If taking a stand with the utilities, wait for major support to start taking a position. DUK is sitting on minor support, with major support around 64
Utilities are approaching major support, and are seriously oversold.