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Trading idea for Cigna Corp. (NYSE)

02.08.2021

Market Review

#CI
The overall trend is upward. The descending wave pattern is truncated. There is a bullish divergence on Awesome Oscillator (TF H1-H4). Breaking through the price pivot zone of 230.80 will result in the formation of an ascending wave pattern.

Trading idea:
Buy on the breakout of 230.80.
Stop Loss: 225.00.
Target levels: 240.50; 265.75.

Author: GC
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