NOVATEK (MICEX) analysis, chart, and trading idea

#NVTK
 

An entry point is formed on 'rollback B'. The downward structure (В?) is truncated, its formation finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator. The breach of 1044.6 will result in the formation of the ascending wave structure.

Trading idea:

Buy at the breach of 1044.6

Stop-Loss support level: 1031.0

Target price levels: 1059.2; 1084.0