Trading ideas for Volkswagen AG (XETRA) 02.10.2020

#VOW3

The support level of 131.80 is holding back sellers. The descending pattern is truncated. Awesome Oscillator indicates a bullish divergence.

Trading recommendations:

Buy when an ascending wave pattern is formed, where the wave (a) breaks through the inclined channel of the descending truncated pattern.

Stop Loss at the local minimum (131.80).

Target levels: 139.15; 152.42.