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Lenovo Trading Analysis (19/09/2024)

19.09.2024

Market Review

The trend is overall ascending. The downward truncated wave structure finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold state.

Lenovo stock price

Trading idea:

  • Buy at the breach of 9.53.
  • Stop-loss at 8.83.
  • Price targets at 10.40 and 11.50.


#lenovo #stock #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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