General Electric Trading Analysis (19/06/2025)
The trend is ascending. The stock is trading within the 365-135 EMA range. The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator and the Stochastic Oscillator indicates an oversold condition.
Trade idea:
- Buy at the beginning of the ascending wave structure formation when wave A breaks the sloping channel of the truncated downtrend structure.
- Stop-loss at 232.25.
- Price targets are 245.00 and 253.00.
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