26.08.2020
The stock is trading in the lower range of 365 and 135 moving averages and is testing the price pivot zone of 5.270. Stochastic Oscillator indicates an oversold condition. The price is also at the lower border of the ascending price channel.
#IRAO rate online: monitor the price movement in real time.
Trading recommendations:
Buy when an ascending 1-2-3 pattern is formed, where wave 1 breaks through the inclined channel of the descending pattern.
Stop Loss under the price pivot zone of 5.270.
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