Trading idea for Fresenius SE & Co. (XETRA)

#FRE

The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The entry point on the pullback B is forming.

Trading idea:

Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.

Stop-loss: 30.740.

Target levels: 34.300; 35.585.