08.10.2021
#FB
The overall trend is upward. The stock trades in the range of the moving averages (365 and 135 EMA). The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator signals oversold conditions. The inclined channel of the descending wave pattern is broken.
Trading idea:
Buy at the breakthrough of 338.75 (when an ascending wave pattern is formed).
Stop Loss: 323.00.
Target levels: 354.90; 382.74.
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