11.03.2022
#A
The trend is descendant. The share fluctuates between 365 and 135 moving averages. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.
Trade idea:
Sell when the descendant wave structure forms, where a wave (A) breaches through the inclined channel of the ascendant truncated structure.
Stop-loss beyond the local maximum of the ascendant wave structure.
Target levels: 128.14; 124.37.
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