05.03.2021
#ADBE
The overall trend is upward. The descending wave pattern is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicates oversold conditions.
Trading idea:
Buy when an ascending wave pattern has formed, where the wave (A) breaks through the inclined channel of the descending pattern.
Stop Loss under the local minimum.
Target levels: 477.54; 502.46.
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