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Alrosa Trading Analysis (04/09/2023)

04.09.2023

Market Review

The trend is ascending. There is bullish divergence on the Awesome Oscillator. The downwards truncated wave structure finished with the breach of the sloping channel.

Alrosa Price Chart as of 04/09/2023 with technical indicators

Trading idea:

Buy at the formation of the ascending wave structure.

Stop-Loss: 80.65.

Target price levels: 85.20, 88.30.

#alrosa #stock #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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