02.03.2023
The trend is ascending overall. The stock is traded in the range between 365 and 135 ЕМА. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state. The resistance level of 122.80 curbs the buyers.
Trading idea:
Buy at the formation of the uptrend wave structure, when the (A) wave breaches the sloping channel of the downtrend truncated structure;
Stop-loss: 122.80;
Target price levels: 32.00, 139.00.
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