Morning Trend | DTE Energy shows bottom oscillation with increased volatility, is a rebound window about to open?
DTE Energy (DTE.US) has experienced a medium to long-term adjustment and recently has been consolidating at the bottom of the chart. Yesterday, there was a noticeable increase in trading volume, with short-term funds flowing in against the trend. The intraday trading volume is gradually increasing, and community traders are generally paying attention to whether a rebound window is opening. The power sector, combined with recent changes in weather expectations, shows that the company's fundamentals are stable with no sudden negative news, making it a defensive utility representative. Yesterday, the main force quietly built positions at the bottom, and the flow of funds during the day supported the repair of the market, forming a solid range below the 10-day moving average. If today can continue to pursue victory and break out of the box with increased volume, it is expected to attract more right-side funds to actively buy at low prices, driving a medium to short-term rotational rebound. If the volume does not follow or the overall trend weakens, the rebound window may be delayed again. It is recommended that traders pay attention to the intraday volume-price synchronization signals, avoid chasing highs, and reasonably speculate on structural opportunities brought by the conversion of fund flows
Technical Forecast·
