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Trading idea for Abbott Laboratories (NYSE)


#ABT

The trend is descendant. The ascendant truncated wave structure is traded between 365 and 135 moving averages. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.

Trading idea:

Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel of the ascendant …

AUD/USD currency pair analysis


The ascendant wave structure is truncated. Bulls have tested the moving average 200. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.

Trading idea:

Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.

Stop-loss is over …

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