Trading idea for Muenchener Rueckversicherungs Gesellschaft AG (XETRA)

#MUV2

The overall trend is upward. The support level of 230.00 remains unbroken. Awesome Oscillator shows a bullish divergence.

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel.

Stop loss under the support level of 230.00.

Target levels: 249.00; 267.00.