Technical Analysis Of Duke Energy Corporation

By AAATrade of aaatrade.com

Tuesday, May 9, 2023 5:30 AM EST

person using MacBook Pro on table

Image Source: Unsplash

Today’s instrument is Duke Energy Corp.‘s stock traded on the NYSE exchange under the ticker DUK.

Looking at the DUK‘s chart, we can see that it was lastly traded at $98.90.

Today it is announcing its quarterly earnings, and if the market’s anticipation is positive, then we should see it rising toward its resistance level at around $100. Additionally, if it is able to pass it, then it could approach the next one at around $105.

On the other hand, it should drop to test its support level at around $96 and if it fails to stay afloat, then it could further drop towards the next one at around $92.

(Click on image to enlarge)

AAATrade's Intraday Technical Analysis of Duke Energy Corporation - 08/05/2023

More By This Author:

Daily Technical Analysis Of EURUSD - Monday, May 8
Technical Analysis Of Palantir Technologies Inc.
Daily Technical Analysis Of EURUSD - Friday, May 5

Disclaimer: Trading is risky. Information presented herein, is not to be construed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any particular ...

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.