Dominion Energy Trading Analysis (10/06/2024)

The trend is ascending. The stock is traded in the range between 365 and 135 ЕМА. The downtrend wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.

Trading idea:

Buy when the formation of the upward wave structure starts, where the wave A breaches the sloping channel of the descending truncated structure.

Stop-Loss at 51.35.

Target levels at 52.50 and 54.00.

#dominionenergy #stock #forextrading #forextradingstrategies #forexmt5