Weyerhaeuser Trading Analysis (30/06/2025)
The stock is trading within the 365-135 EMA range. The descending wave structure is truncated. There is a bullish divergence on the Awesome Oscillator and a signal of an oversold condition on the Stochastic Oscillator.
Trade idea:
- Buy when the ascending wave structure begins to form and wave A breaches the sloping channel of the truncated descending structure.
- Stop-loss at 25.76.
- Price targets are 27.20 and 27.80.
#weyerhaeuser #stock #stocktrading #tradingstrategies #tradingmt5
