Investing in stocks - how to make money for an investor? Investment Trading Idea 12/15/2020 Eaton Corporation PLC (NYSE) shares
Eaton Corporation PLC #ETN Stock Analysis
The general trend of Eaton Corporation PLC shares is upward. The estimated correction is approaching the lower border of the ascending price channel. The Awesome Oscillator shows a Bullish Divergence, while the Stochastic Oscillator signals oversold conditions. Breaking the upper border of the downward internal price channel will give an opportunity for growth in the range of the main upward price channel.
Trading idea for an investor:
An investor buys shares of Eaton Corporation PLC (NYSE) on the formation of an upward 1-2-3 pattern, where wave 1 breaks the upper boundary of the descending price channel.
Stop Loss below the local minimum.
Target levels - 119.40; 123.40
Analytics Grand Capital
Analytical reviews and comments to them reflect the subjective opinion of the authors and are not a recommendation for trading. Forex Special is not responsible for possible losses in case of using the review materials.
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