Trade Idea for Colgate-Palmolive Company (NYSE)
Colgate-Palmolive Company (NYSE)
#CL
The trend is upward. The stock is trading between 365 и 135 ЕМА on the М30 timeframe. The descending wave structure is truncated. The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy upon the formation of an upward wave structure, …