11.06.2024
The trend is ascending. The stock is traded in the range between 365 and 135 ЕМА.The downward inner wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy when the formation of the ascending wave structure starts, when the wave A breaches the sloping channel of the downward truncated structure.
Stop-Loss at 57.32.
Target price levels at 60.20 and 62.42.
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