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CMS Energy Trading Analysis (08/07/2024)

08.07.2024

Market Review

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.

CMS Energy corporation price chart

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

Author: GC
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