The downgrade wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the formation of the ascending wave structure when the A-wave breaches the sloping channel of the descending truncated structure.
Stop-Loss: 2.808.
Target price level: 2.980, …
The trend is overall ascending. The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state. The sloping channel of the descending truncated structure is breached.
Trading idea:
By at 105.85.
Stop-Loss at 101.50.
Target price levels: 113.20, 118.85.
#exxonmobil #stock #stocktrading …
The trend is ascending. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading analysis:
Buy at the formation of the ascending wave structure, when the A-wave breaches the sloping channel of the descending truncated …
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