14.04.2021
#RDSA
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The descending wave pattern is truncated. Awesome Oscillator has formed a bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated pattern.
Stop Loss: 13.74.
Target levels: 15.05; 15.85.
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