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Trade idea for AmerisourceBergen Corp. (NYSE)

24.02.2022

Market Review

#ABC

The ascendant wave structure is truncated. The resistance level of 144.10 restrains sellers. Awesome Oscillator indicates bearish divergence.

Trade idea: 

Sell on the breaching of 139.00.

Stop-loss is beyond the resistance level of 144.10.

Target levels: 135.35; 128.00.

Author: GC
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