It's Not Too Late To Profit From Duke Energy (DUK)'s New High

Posted: Friday, November 20, 2009 1:43 PM EDT

Duke Energy (NYSE: DUK) hit a new 52-Week high of $16.28 so far today. Currently the stock is up $0.11 (0.68%) to $16.21 on 4,379,153 shares traded. Today's high is up $4.49 from a 52-Week Low of $11.72. Duke Energy stock has been showing support around $15.95 and resistance in the $16.23 range. Technical indicators for the stock are neutral and S&P gives DUK a neutral 3 STARS (out of 5) hold ranking. The stock is up slightly over 0.7% and rose to a new 52 week high earlier in the session. We will just watch this one for now. There are no hedged trades we like the look of for DUK. [ABR-Seven Summits Strategic Investments NewsBite]

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