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Trading idea for Duke Energy Corporation (NYSE)

02.03.2021

Market Review

#DUK

The overall trend is upward. The descending pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold condition. The inclined channel of the descending pattern is broken.

Trading idea:

Buy when an ascending pattern 1-2-3 is formed above 88.04.

Stop Loss: 85.80;

Target levels:  90.00; 95.30.

Author: GC
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