CMS Energy Trading Analysis (08/07/2024)
The trend is upward. The stock trades in the range between 365 and 135 ЕМА. The bearish wave structures are truncated. There is a bullish divergence on the Awesome Oscillator and the Stochastic Oscillator signals an oversold condition. The bears have tested the lower border of the ascending channel.
Trading idea:
- Buy on the breach of 59.46.
- Stop-loss at 58.50.
- Price targets at 60.92 and 63.35.
#cmsenergy #cms #stock #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor
