Trading idea for ConocoPhillips (NYSE)
ConocoPhillips (NYSE)
#COP
The trend is upward. The stock is trading within the range defined by the 365 EMA and 135 EMA. A truncated downward wave pattern has concluded with a breakout above the descending channel. The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator indicates an oversold …