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Trading idea for Muenchener Rueckversicherungs Gesellschaft AG (XETRA)

09.06.2021

Market Review

#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.

Author: GC
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