Weyerhaeuser Trading Analysis (19/02/2025)
The stock is trading in the range between 365 and 135 ЕМАs. The descending truncated wave structure ended with the break of the pivot 2 of wave C. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.
Trade idea:
- Buy at the beginning of the formation of the ascending wave structure.
- Stop-loss at 29.20.
- Price targets at 30.50 and 31.40.
#weyerhaeuser #stock #stocktrading #tradingstrategies #tradingmt5
