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Southern Company Trading Analysis (07/11/2024)

The trend is ascending. The downward inner wave structure is truncated. The stock is trading in a range between 365 and 135 ЕМАs. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.

Trading idea:

  • Buy at the beginning of the formation of the ascending wave …
AUD/CAD Trading Analysis (07/11/2024)

The trend is descending. The currency pair is trading in the range between 365 and 135 ЕМАs. The upward wave structure is truncated. Bulls are testing the resistance level at 0.9200. The Stochastic Oscillator signals an overbought condition.

Trading idea:

  • Sell at the beginning of the formation of the descending wave structure, when …
Western Digital Trading Analysis (06/11/2024)

The trend is upward. The stock is trading in the range between 365 and 135. The descending truncated wave structure ended with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition. The breach of 67.07 will start …

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