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Trading idea for CF Industries Holdings, Inc. (NYSE)

#CF
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The descending wave pattern is truncated. A bullish divergence has formed on the Awesome Oscillator.

Trading idea:
Buy when an ascending wave pattern is formed, where wave (A) breaks through the pivot of wave 2 C (47.00).
Stop Loss under the support level of 43.00.
Target level: 56.00.

Author: GC
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