The Symmetrical Triangle is just one piece of the puzzle. See the full technical breakdown.
Consolidation. Can break either way.
Gradual reversal from bearish to bullish.
Bullish continuation pattern.
Traders are watching Duke Energy (DUK) as price action tightens. Price has moved to $129.08 (-0.12%) amidst recent volatility. Price action has carved out a classic Rounding Bottom. The trend indicator is reading 25.9/100, suggesting moderate momentum. A potential breakout level is identified at $132.65, targeting $145.54 with support near $126.2 (R:R 2.0).
What is your outlook on DUK?