Trading idea for AmerisourceBergen Corp. (NYSE)

#ABC

The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The inclined channel of the truncated structure is breached.

Trading idea:

Buy when level 143.40 is breached.

Stop-loss: 136.00.

Target levels: 150.00; 164.20.