Trading idea for Heidelbergcement (XETRA)

#HEI

The general trend is descendant. Ascendant wave structures are truncated. Awesome Oscillator indicates bearish divergence, and Stochactic Oscillator signals overbought conditions. The share is traded between 356 and 135 moving averages.

Trading idea:

Sell when the descendant wave structure forms, where the wave (A) breaches through the pivot 2 of the wave C (53.718).

Stop-loss is over the local maximum of the ascendant structure.

Target levels: 51.10; 48.89.