23.01.2024
Bears have tested the support zone at 76.70. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy when the formation of the ascending wave structure begins, when the A-wave breaches the sloping channel of the downward structure.
Stop-Loss at 76.70.
Target price levels at 79.90 and 84.40.
#aep #stock #stocktrading #tradingstrategies #tradingmt5
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