29.12.2020
#ITW
The overall trend is upward. The descending pattern is truncated. The stock is trading in the range of 365 and 135 moving averages. Awesome Oscillator shows a bullish divergence. A breakout of the resistance level of 205.20 will result in the formation of an upward pattern within the overall uptrend.
Trading idea:
Buy on the breakout of the resistance level 205.20.
Stop Loss: 198.00.
Target levels: 213.60; 224.00.
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