Phillips 66 Trading Analysis (05/06/2024)
The trend is ascending. The stock is traded 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 the oversold state. Bears have tested the mirror level of 136.20.
Trading idea:
- Buy when the formation of the ascending …