Trading idea for Dominion Energy Inc. (NYSE)

#D

The trend is upward. The downward pattern ended with the breakout of the inclined channel. The Stochastic Oscillator signals oversold conditions. The breakout of 77.25 will result in the formation of an ascending pattern within the C wave.

Trading idea:

Buy on the breakout of 77.25 level.

Stop Loss: 75.00.

Target levels: 80.60; 86.00