Jan. 18 at 1:14 AM
$DUK is quietly setting the stage for a major breakout as we approach the Feb 10th earnings and the Feb 13th ex-dividend date. ⚡️💰
The flow is decisively bullish with a 0.35 put-call ratio as the "Smart Money" positions for a defensive rotation. Price is currently hugging the 50-day SMA "red band" at
$119.29—if the bulls can punch through the
$120.36 resistance (200-day SMA), the path to the
$135 consensus target opens up. With a 3.6% yield and 100 years of consecutive dividends, this is the "Steady Eddie" of the portfolio waking up. 🧱📈
Key Levels to Confirm:
🐂 Bulls: Must clear and hold
$120.50 to confirm a reclaim of the 200-day SMA and target the
$130.03 52-week high.
🐻 Bears: A failure to hold
$117.20 (20-day SMA) invalidates the recovery and risks a slide back to the
$115.95 January floor.
#hovdid
