Federal Realty Trading Analysis (21/05/2024)

The trend is ascending. The stock is traded in the range between 365 and 135 moving averages. The downward wave structures are 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 ascending wave structure begins, when the wave A breaches the sloping channel of the downtrend truncated structure.

Stop-Loss at 100.70 under the local minimum of the descending structure.

Target price levels at 103.70 and 105.58.

#federalrealtyinvestmenttrust #stock #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor