ConocoPhillips Trading Analysis (05/08/2025)
The trend is ascending. The stock is trading in a range between 365 and 135 ЕМА. The downward truncated wave structure ended with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.
Trade idea:
- Buy at the breach of 93.10.
- Stop-loss at 92.16.
- Price targets are 94.45 and 95.75.
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