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Deutsche Telekom AG (XETRA)

25.01.2022

Market Review

#DTE

The general trend is ascendant. History mirror level 15.42 has restrained sellers. The descendant truncated wave structure has finished with breaching the inclined channel. Awesome Oscillator indicates bullish divergence.

Trade idea:

Buy when breaching 16.33 level.

Stop loss is below the mirror level of 15.42.

Target levels: 17.18; 17.72.

Author: GC
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