16.09.2020
The overall trend is upward. The 262.0 support level is holding back sellers. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator shows an exit from the oversold zone. A breakout of the resistance level of 276.67 will result in the formation of an upward wave pattern within the general uptrend.
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Trading recommendations:
Buy when an ascending wave pattern is formed, at the breakout of 276.67.
Stop Loss at the local minimum (262.00).
Target levels: 291.86; 303.34.
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