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Trading idea for Air Liquide (EURONEXT)

04.03.2022

Market Review

#AI
The overall trend is descendant. The share trades in the range of 365 and 135 moving averages. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought conditions.
Trading idea:
Sell when the descendant ABC pattern is formed.
Stop-loss: 150.30.
Target levels: 145.09; 139.00.

Author: GC
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