Trading idea for Industria de Diseno Textil (BM)
#ITX
The overall trend is upward. The price pivot zone of 24.40 deters sellers. The descending wave pattern is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.
Trading Idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through …