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taftrader
May 9, 2022 1:21 PM

Broad Market Play Short

Duke Energy Corporation (Holding Company)NYSE

Description

Looking to align Duke fortunes to the broader market. We tested the daily kijun on Friday and that usually comes with a retreat. I am expecting this retreat today, caution however should be taken due to good earnings which I anticipate to have been priced in by the 3.5% gain from May 2.

Sell limit @ 111.91
TP 109.81
SL 112.66
R 2.8

Risk management crucial!
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