17.08.2021
#BMW
The overall trend is upward. There is a bullish divergence on Awesome Oscillator, and the Stochastic Oscillator signals oversold conditions. The inclined channel of the descending pattern (the upper limit of the descending price channel) is broken.
Trading idea:
Buy on the breakout of 83.82 (when an ascending wave pattern is formed).
Stop Loss under the support level of 80.00.
Target levels: 89.36; 95.18
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