Jul. 24 at 2:15 AM
Operating as one of the largest electric power and natural gas holding companies in the United States, Duke Energy Corporation
$DUK is trading right at
$129.00 on the 8-hour chart, option sweeps hit the Ask on the 03/19/2027
$146 strike. 🐂 🎯
Bullish Flow: Heavy institutional call sweeping hitting the Ask on the long-dated 03/19/2027
$146 strike confirms smart money is positioning for a major multi-month expansion. 🐂 💧
Bull Key Levels: Bulls need a confirmed hold and continuation over
$126.95 to validate the breakout and keep the upward trajectory intact. 🐂 🔥
Bear Key Levels: Lose
$124.93 and the immediate structural floor breaks down, threatening a return to the range base. 🐻 ⚠️
Take Profit Targets:
$131.65 /
$134.34. 💰 💸
Why: Price action has successfully punched through the overhead descending trendline on the 8hr timeframe, with
$126.95 serving as the primary pivot shelf to target a push toward
$131.65.
#StockTrading #hovdidOperating
