Humana Trading Analysis (27/11/2024)

The trend is down. The stock is trading in a range between 365 and 135 ЕМАs. The upward truncated wave structure finished with the breach of the pivot 2 of the wave C. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.

Trade idea:

• Sell at the beginning of the formation of the descending wave structure.
• Stop-loss at 312.00.
• Price targets at 268.50 and 230.80.

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