08.02.2021
#NOVN
The stock is trading in the range of the lower limit of the ascending price channel. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions. The breakout of 82.72 will result in the formation of an ascending wave pattern within the overall uptrend.
Trading idea:
Buy at breakout 82.27.
Stop Loss: 80.11.
Target levels: 84.16; 86.80.
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