Surgutneftegas Trading Analysis (25/08/2023)
The trend is ascending. The stock is traded in the range between 365 and 135 ЕМА. The downwards wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Buy at the formation of the ascending wave structure, where the A-wave breaches the sloping channel of the downtrend truncated structure.
Stop-Loss: 29.900 (local minimum of the ascending structure).
Target price levels: 31.800, 33.050.
#surgutneftegas #stockindonesia #forextrading #tradersroom #daytradingpatterns #forexexpertadvisorindonesia