Aug. 10 at 3:00 AM
$DUK is catching steady, high-conviction institutional accumulation right as the broader utility sector benefits from massive data center power demand and defensive capital rotation. Looking at the order flow, smart money is printing targeted options activity—highlighted by an aggressive call sweep picking up the
$120.00 strike for September 18 expiration. Trading right around the
$122.91 spot price, price action is pressing against critical overhead technical resistance on the 8-hour chart as institutional heavyweights position for an upward expansion. 🐂 🎯
Bull Key Levels: Clearing and holding a structural base above immediate horizontal resistance near
$124.50 confirms a major continuation breakout toward multi-month supply zones. 🐂 🔥
Bear Key Levels: Slipping back under ascending trendline support near
$121.00 stalls the breakout momentum and invites a retest of lower volume node floors. 🐻 ⚠️
Take Profit Targets:
$126.00 /
$130.00. 💰 🎯
#hovdid
