02.11.2020
A descending pattern has formed, which is currently truncated. Moving averages of Stochastic Oscillator are in the oversold zone. A breakout of the downward sloping channel pattern will result in its completion and the price will be able to recover after the drop caused by the pandemic crisis.
#BA rate online: monitor the price movement in real time.
Trading recommendations
Buy when a rising wave pattern is formed, where wave (A) breaks the downward sloping channel pattern.
Stop Loss: below the local minimum (140.00).
Target levels: 190.06; 231.60.
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