Phillips 66 Trading Analysis (12/07/2024)
The trend is ascending. The stock is trading in the range between 365 and 135 ЕМА. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold state.
Trading idea:
- Buy when the formation of the ascending wave structure begins, when the wave …