Buying and selling in the stock market on August 25

Purchase of the Walt Disney Company shares (#DIS).

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On the daily chart, the price is fixed above the red indicator line of balance and the blue trend line of MACD. The Marlin Oscillator has entered the growing trend zone. The situation is completely upward. The growth target is the nested trend line of the growing price channel around 201.11.

Sale of Verizon Communications shares (#VZ). American telecommunications company.

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On the weekly chart, the price has accelerated its decline below the MACD indicator line, while the Marlin oscillator is moving down. The nearest target of the bears is the nested price channel line of the older (monthly) timeframe at around 53.63. Going under the line opens a deep target along the downward trend line 48.58.

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On the daily chart, the price is steadily declining below the red indicator line of the balance - the market's interest in selling remains. The Marlin Oscillator is deepening into the zone of the downward trend.

The material has been provided by InstaForex Company - www.instaforex.com

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