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Trade idea for Cigna Corp. (NYSE)

03.02.2022

Market Review

#CI

The general trend is ascendant. Share fluctuates between 365 and 135 moving averages. The descendant truncated wave structure has finished with breaching the inclined channel. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.

Trade idea:

Buy when the ascendant wave structure forms.

Stop-loss below the support 223.40.

Target – 243.80.

Author: GC
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