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Trading idea for MTS PJSC

06.08.2021

Market Review

#MTSS
The overall trend is upward. The descending wave pattern is truncated and ended with the breakout of an inclined channel. There is a bullish divergence on Awesome Oscillator. A breakout of 317.50 will result in the formation of an ascending wave pattern.


Trading idea:
Buy on a breakout of 317.50.
Stop Loss: 314.00.
Target levels: 321.30; 324.00.

Author: GC
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