CMS Energy Trading Analysis (19/08/2025)
The trend is upward. The stock is trading within the 365-135 EMA range. The bearish wave structure has been truncated. The wave level has increased. The support level of 71.91 remains. 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 ascending wave formation when wave A breaches the sloping channel of the descending truncated structure.
- Stop-loss at 71.91.
- Price targets are 73.80 and 74.80.
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