19.12.2019
The stock is trading in the range of 365 and 150 moving averages directed downwards, indicating a downward movement. The resistance level 172.0 (price pivot zone) and support level 166.40 (price pivot zone) have formed. Stochastic Oscillator moving averages are located near the overbought zone.
Trading recommendations:
Sell below the support level of 166.40.
Stop Loss for the resistance level of 172.00.
Target levels - 159.50; 154.00.
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