Colgate-Palmolive Trading Analysis (26/05/2025)

The trend is downward. The stock is trading within the 365-135 EMA range. The ascending wave structure has been truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator's moving averages are out of the overbought zone, also forming a bearish divergence.

Trade idea:

• Sell when the descending wave structure begins to form and wave A breaches the sloping channel of the ascending, truncated structure.
• Stop-loss over the local maximum of the ascending structure.
• Price targets are 90.00 and 87.50.

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