#MCD
Bulls tested the mirror level 257.80. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.
Trading idea:
Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel of the ascendant truncated structure.
Stop-loss: 257.80.
Target …
The general trend is ascendant. Bears tested the support level 10.2180. Awesome Oscillator indicates bullish divergence. The descendant wave structure is truncated.
Trading idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.
Stop-loss: 10.2180.
Target levels: 10.4000; …
News of the day, Wednesday, April 20
The price of Brent crude may soar up to $185 if the EU bans Russian oil — JPMorgan analysts say. However, the ban on Russian energy sources is unlikely to be one-time. The Brent crude contracts lost more than 5% yesterday.
Tesla Inc. …
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