Trading idea for today: Danone SA (EURONEX)
#BN
The overall trend is upward. The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator signals oversold conditions. The support level of 56.53 discourages the sellers.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending pattern.
Stop Loss: below the local minimum (56.53).
Target levels: 60.50; 64.00.