Home About the company Daily reviews Motorola Solutions Trading Analysis (31/10/2024)

Motorola Solutions Trading Analysis (31/10/2024)

31.10.2024

Market Review

The trend is ascending. The stock is trading in the range between 365 and 135 ЕМАs. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.

Motorola Solutions Inc. stock price

Trading idea:

  • Buy when the formation of the ascending wave structure begins, when the wave A breaks the sloping channel of the truncated downtrend structure.
  • Stop-loss at 452.56.
  • Price targets at 463.90 and 478.30.

#motorola #stock #tradersroom #daytradingpatterns

Author: GC
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