20.04.2020
The trend continuation pattern Flag has formed on the chart. The support level of 182.60 is holding back sellers, and the price pivot zone of 188.44 is holding back buyers. Bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold. A breakthrough of the price pivot zone of 188.44 will result in a breakthrough in the descending price channel (the upper border of the flag pattern).
Trading recommendations:
Buy above 188.44.
Stop loss: 182.60.
Target levels: 195.00; 200.00; 211.42.
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