08.11.2021
#GLEN
The overall trend is upward. The share trades in the range of 365 and 135 moving averages. The descending wave patterns are truncated. The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator signals oversold conditions
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated pattern.
Stop Loss: below the local minimum of the descending patterns.
Target levels: 3.7254; 3.9662.
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