Trading idea for today: Vodafone Group PLC (LSE)
#VOD
The descending wave patterns are truncated. The Awesome Oscillator shows a bullish divergence, while the 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 internal descending pattern.
Stop Loss: below the local minimum.
Target levels: 1.2025; 1.2350; 1.3200.