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Diageo (LSE)

31.01.2022

Market Review


#DGE

The general trend is ascendant. The share fluctuates between 365 and 135 moving averages. The descendant truncated wave structure has finished breaching the inclined channel. Awesome Oscillator indicates bullish divergence.

Trade idea:

Buy when price breaches 37.6420.

Stop-loss: 36.3260.

Target levels: 39.0500; 40.4300.

Author: GC
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