Trading idea for AmerisourceBergen Corp. (NYSE)
#ABC
The overall trend is upward. The support level of 112.60 continues to restrain sellers. The descending wave n is truncated. There is a bullish divergence on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks …