14.12.2020
#COG
Support level 15.80 is holding back sellers. The descending structure was truncated and ended in a breakout of an inclined channel. Awesome Oscillator shows a bullish divergence, while the moving averages of Stochastic Oscillator crossed in the oversold range and are directed upwards.
Trading recommendations:
Buy on the formation of an ascending pattern, above 17.60.
Stop Loss: 15.80.
Target levels: 20.27; 22.10.
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