08.04.2021
#RRC
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The descending wave pattern is truncated and ended with the breakdown of the inclined channel. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold condotions. The breakout of 10.30 will result in the formation of an ascending wave pattern within the overall uptrend.
Trading idea:
Buy above 10.30.
Stop Loss: 9.97.
Target levels: 11: 00; 11: 91.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
