Affiliated Managers Trading Analysis (23/12/2021)

#AMG

The overall trend is ascending. The stocks are traded in the range of 365 and 135 of the moving averages, in the internal inclined channel. The Stochastic Oscillator signals the oversold conditions.

Trading idea:

Buy when the pattern 1-2-3 is formed, above the descending channel.

Stop loss – 151.20.

Target levels – 176.32; 190.90.