20.02.2023
The trend is ascending. The stock is traded in the range between 365 and 135 ЕМА. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator.
Trading idea:
Buy at the formation of the ascending wave structure, when the (A) wave breaches the sloping channel of the descending truncated structure;
Stop-loss: under the local minimum of the descending structure 95.48;
Target price levels: 102.58, 108.50.
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