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Williams Companies Trading Analysis (07/12/2023)

07.12.2023

Market Review

The trend is ascending. The downward inner wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
 

Williams Companies Inc. Stock Price Chart as of 07/12/2023 with technical indicators

Trading analysis:

Buy, when the formation of the ascending wave structure begins, when the wave A breaches the sloping channel of the downward truncated structure or Pivot 2 of the wave C at 35.96.

Stop-Loss at 35.73.

Target price levels at 36.35 and 37.00.
 

#williams #stock #stocktrading #tradingstrategies #tradingmt5

Author: GC
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