Trade idea for ThyssenKrupp (XETRA)

#TKA

The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The descendant structure is finished by piercing the inclined channel.

Trade idea:

Buy when the ascendant wave structure forms.

Stop-loss is below the support level 8.690.

Target levels: 10.000; 10.910.