16.06.2023
The trend is descending. The stock is traded in the range of 365 and 135 ЕМА. The uptrend wave structure is truncated. There is bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.
Trading idea:
Sell at the formation of the downward wave structure, where the A-wave breaches the sloping channel of the ascending truncated structure.
Stop-Loss: 215.50.
Target price levels: 208.00, 203.00.
#generaldynamics #stock #forextrading #forextradingstrategies #forexmt5
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