Home About the company Daily reviews Trading ideas for Nestle SA (SIX) 15.06.2020

Trading ideas for Nestle SA (SIX) 15.06.2020

15.06.2020

Market Review

#NESN

There has been a price correction on stock market. The descending H1 level patter has formed. The moving averages of Stochastic Oscillator are in the oversold zone. Buy only when the descending wave pattern is over and the ascending wave is formed. 

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

Trading recommendations:

Buy while an ascending wave pattern is forming, where the wave (A) breaks through the inclined channel of the descending pattern of H1 level closing the descending pattern. 

Stop loss below the local minimum 102.60.

Target levels: 106.00; 108.23.

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

 

Author: admin
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