News of the day, Wednesday, May 4
Citigroup Inc.'s London trading desk was behind the sudden collapse that sent stocks plummeting across Europe. A trader at the U.S. firm made a mistake, Citigroup said. A five-minute sell-off in Swedish stocks wreaked havoc on exchanges from Paris to Warsaw, wiping out …
#GREE
The general trend is ascendant. The descendant wave structure is truncated. Bears tested the moving average 365. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant …
The general trend is ascendant. The descendant truncated wave structure has finished breaching the price channel. The entry point is forming on the correction wave B, as the supposed wave (B) is truncated. Awesome Oscillator indicates bullish divergence.
Trading idea:
Buy when 137.377 level is breached.
Stop-loss: 136.500.
Target levels: …
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