On the weekly timeframe, an analogous analysis is favourable for this stock.
Big inverse shoulder head shoulder is a function of smaller ones, last one is in the making.
Above the cloud with trend and leadership. Bounced right on the 50d sma.
Great RS relative to the market, breaking out from wedge. Above 200d sma, 50d sma, 20d ema, 10d ema, with pocket pivots
Short swing trade PT $9, rejected right on the 50d sma.
Expect a pullback to the VWAP resistance line before a rally
$DUK´s price discovery process usually forms downward flags
Buy Put Options with July expiration with a strike price of $150 Buy Call Options with September expiration with a strike price of $160 Disclosure: Just sharing an idea, not financial advise.
