Trading idea for Duke Energy Corporation (NYSE)

#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.