20.10.2023
The trend is descending. The stock is traded in the range between 365 and 135 ЕМА. The ascending five-headed wave structure has finished formation. There is bearish divergence on the Awesome Oscillator, and the moving averages of the Stochastic Oscillator are out of the overbought zone.
Trading idea:
Sell at the breach of 53.45.
Stop-Loss: 54.56.
Target price levels: 52.54, 50.24.
#cmsenergy #cms #stock #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor
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