The trend is ascending. The stock is traded in the range between 365 and 135 ЕМА. The downtrend wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy when the formation of the upward wave structure starts, where the wave A breaches …
The overall trend is ascending. The downward truncated wave structure finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
The trend is upward. The stock is traded in the range between 365 and 135 ЕМА. The downward truncated wave structure ended with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator. The breach of the 279.37 level will start the formation of the rising wave …
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