06.10.2023
The trend is ascending. The stock is traded in the range between 365 and 135 moving averages. The downward wave structures are truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading analysis:
Buy at the formation of the ascending wave structure, when the A-wave breaches the sloping channel of the downward truncated structure.
Stop-Loss under the support level of 80.50.
Target price levels: 84.20, 87.00.
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