26.08.2021
#KHC
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator signals oversold conditions. The support level of 36.35 holds back sellers.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending pattern.
Stop Loss under the local minimum.
Target levels: 39.63; 41.00; 44.23.
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