11.05.2023
The trend is ascending. The stock is traded nearabout the lower border of the uptrend price channel. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator indicates the oversold state.
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: 155.34
Target price levels: 166.80, 172.20
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