24.06.2021
#EOAN
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages directed upwards. Bullish divergence has formed on the Awesome Oscillator, and Stochastic Oscillator signals oversold conditions. The descending wave pattern is truncated.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated pattern.
The stop loss for the round secondary level is 9.80.
Target level: 10.70.
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