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Trading idea for DaVita Inc. (NYSE)

31.05.2021

Market Review

#DVA

The overall trend is upward. The descending wave pattern is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending wave pattern is formed.

Stop loss under the local minimum of the descending pattern.

Target levels: 124.50; 129.35.

Author: GC
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