Duke Energy Corp. is beaten down, trading in an accumulation zone, and finally showing signs of a turn. Here’s why DUK is my Top Pick of the Week.
Utilities have been beaten down—but now I'm seeing signs of a potential turn.
DUK gave me my accumulation trigger after reaching an extreme-low RSI reading, and XLU is showing improvement too.
The big question now: Is this the beginning of a Utilities reversal, or just a bounce before another leg lower?
I'm letting price answer that one. 👑
Are you watching DUK or any other utility stocks here?
Utilities have been beaten down—but now I'm seeing signs of a potential turn.
DUK gave me my accumulation trigger after reaching an extreme-low RSI reading, and XLU is showing improvement too.
The big question now: Is this the beginning of a Utilities reversal, or just a bounce before another leg lower?
I'm letting price answer that one. 👑
Are you watching DUK or any other utility stocks here?