Home About the company Daily reviews Trading ideas for Nestle SA (SIX) 08.06.2020

Trading ideas for Nestle SA (SIX) 08.06.2020

08.06.2020

Market Review

#NESN

The stock is trading in the range of the support level of 101.67. Bullish divergence has formed on the Awesome Oscillator, and Stochastic Oscillator signals oversoldness. Buy after the downward construction is completed after the breakout of the inclined channel.

Trading recommendations:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending wave M30 level pattern.

Stop Loss under the support level of 101.67.

Target levels: 104.57; 106.00.

The #NESN rate online: monitor the movement of the shares in real time.

Author: admin
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