RusHydro Trading Analysis (05/07/2023)

#HYDR
 

The overall trend is ascending. The stock is traded in the range between 365 and 135 ЕМА. The Stochastic Oscillator signals the oversold state. The entry point at the pullback B is forming.
 

Trading idea:

Buy at the formation of the upward wave structure, where the A-wave breaches the sloping channel of the descending structure.

Stop-Loss: 0.8435.

Target price levels: 0.8680, 0.8850.

#rushydro #stock #forextrading #forextradingstrategies #forexmt5