Western Union Trading Analysis (26/03/2025)
The trend is ascending. The stock is trading in the range between 365 and 135 ЕМАs. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition. The downward wave structure is truncated.
Trade idea:
- Buy when the formation of the ascending wave structure begins, when wave A breaks the sloping channel of the descending truncated structure.
- Stop-loss at 10.37.
- Price targets at 10.86 and 11.20.
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