The trend is ascending. The downward truncated wave structure finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading analysis:
Buy at the formation of the ascending wave structure.
Stop-Loss: 108.77.
Target price levels: 109.60, …
The downward wave structures are truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state. Bears are testing the mirror level of 2.780.
Trading idea:
Buy at the formation of the ascending wave structure, when the A-wave breaches the sloping channel of the downward …
The trend is descending. The stock is traded in the range between 365 and 135 ЕМА. The ascending truncated wave structure finished its formation. There is a bearish divergence on the Awesome Oscillator.
Trading idea:
Sell at the breach of 229.58.
Stop-Loss: 233.57.
Target price levels: 225.38, 214.10.
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