Crown Castle Trading Analysis (30/05/2025)
The trend is ascending. The stock is trading within the 365-135 EMA range. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator and an oversold condition on the Stochastic Oscillator. An entry point is forming at the pullback B with the truncated C.
Trade idea:
- Buy at the beginning of the ascending wave structure formation when wave A breaks the sloping channel of the truncated downtrend structure.
- Stop-loss at 98.45.
- Price targets are 103.00 and 105.50.
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