Trading idea for Air Liquide (Euronext)

Air Liquide (EURONEXT)

#AI

The trend is bullish. The stock is trading between the 365 EMA and the 135 EMA. A truncated bearish wave pattern concluded with a breakout of the trend channel. The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator indicates oversold conditions.

Trading idea:

Buy upon the formation of an upward wave pattern.

Stop Loss: 167.62.

Target levels: 170.95; 172.85.