Home About the company Daily reviews Exelon Trading Analysis (10/10/2024)

Exelon Trading Analysis (10/10/2024)

10.10.2024

Market Review

The trend is ascending. The downward wave structure is truncated. The stock is trading in a range between 365 and 135 ЕМА. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator is out of the oversold zone.

Trading idea:

Buy at the beginning of the formation of the ascending wave structure, where the A-wave breaks the sloping channel of the descending truncated structure.
Stop-loss at 39.34.
Price targets at 40.26 and 41.00.

#exelon #stock #tradersroom #daytradingpatterns

Author: GC

Back to all reviews Back

Subscribe to company news:

Thank you for subscribing to our analytics

You already subscribed

Subscribe to company news:

Thank you for subscribing to our analytics

You already subscribed

Review topic

All Market Review