30.12.2020
#GD
The overall trend is upward. The stock is trading in the range of 135 and 365 moving averages. The descending H1 level pattern is currently truncated. A bullish divergence has formed on Awesome Oscillator, and the moving averages of Stochastic Oscillator are directed upwards from the oversold zone.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of an H1 level descending pattern.
Stop loss below the support level of 146.30.
Target levels: 155.30; 168.00.
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