22.11.2019
The resistance level of 53.40 held back buyers. The stock is trading in the range of 365 and 135 moving averages directed downwards. Stochastic Oscillator indicator showed an exit from the overbought zone, and the MACD indicator signals a bearish divergence.
Trading recommendations:
Sell at the breakout of the start fractal below 52.75.
For stop Loss the resistance level of 53.40.
Target levels - 52.11; 51.57.
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