Public Storage Trading Analysis (03/07/2024)
The trend is up. The downward truncated wave structure ended with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the moving averages of the Stochastic Oscillator are out of the oversold zone. The stock trades in the range between 365 and 135 ЕМА.
Trading idea:
- Buy on the breach of 285.68
- Stop-loss at 280.46.
- Price targets at 292.50 and 296.30.
#publicstorage #stock #tradersroom #daytradingpatterns #forexexpertadvisor
