Goodyear Trading Analysis (23/06/2025)
The trend is ascending. The stock trades within the range of 365 and 135 EMAs. The descending wave structure is truncated. There is bullish divergence on the Awesome Oscillator and the Stochastic Oscillator indicates an oversold condition.
Trade idea:
- Buy when the ascending wave structure begins forming and wave A breaches the sloping channel of the truncated descending structure.
- Stop-loss at 10.15.
- Price targets are 10.90 and 11.50.
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