13.04.2021
#BIDU
The overall trend is upward. The descending wave pattern ended with the breakout of the inclined channel. Moving indicators of the Stochastic Oscillator came out of the oversold zone. Breaking through the price pivot zone of 229.00 will result in the formation of an ascending wave pattern.
Trading idea:
Buy above 229.00.
Stop Loss: 174.00.
Target levels: 308.00; 350.00.
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