Dominion Energy Trading Analysis (05/09/2025)
The trend is upward. The stock is trading within a range of 365 and 135 EMA. The bearish wave structure has been truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.
Trade idea:
- Buy at the beginning of an upward wave structure when wave A breaks the sloping channel of the descending, truncated structure.
- Stop-loss at 58.43.
- Price targets are 60.35 and 62.00.
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