Home About the company Daily reviews Polyus Trading Analysis (03/05/2024)

Polyus Trading Analysis (03/05/2024)

03.05.2024

Market Review

The overall trend is ascending. The downward wave structure is truncated.  The stock is traded in the range between 135 and 365 ЕМА. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.

Polyus price chart

Trading idea:

Buy when the formation of the ascending wave structure begins, when the wave A breaches the sloping channel of the downward wave structure.

Stop-Loss at 13172.0.

Target price levels at 13890.0 and 14605.0.

#polyus #stock #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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