#REP
The trend is descending. The stock is traded in the range between 365 and 135 ЕМА. The upward wave structures are truncated. It is highly probable that the reverse wave model 'Boguraev's Matryoshka' will be formed. There is a bearish divergence on the Awesome Oscillator.
Trading idea:
Sell at …
The support level of 0.6628 curbs the buyers. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator indicates the oversold state.
Trading …
The trend is descending. The stock is traded in the range between 365 and 135 ЕМА. The upward truncated wave structure finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator indicates the oversold state.
Trading idea: …
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