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Trade idea for Agilent Technologies, Inc. (NYSE)

17.02.2022

Market Review

#A

The general trend is ascendant. The descendant wave structures are truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.

Trade idea:

Buy when the ascendant wave structure forms, where a wave (A) breaches through the pivot 2 of the wave C in the descendant truncated structure (138.00).

Stop-loss below the support 131.20.

Target levels: 148.58, 161.84.

Author: GC
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