Novolipetsk Steel (MICEX) Analysis, Chart, and Trading Idea

#NLMK
 

The entry point at the pullback B is forming. The downtrend truncated wave structure finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator indicates the oversold state.
 

Trading idea:

Buy at the breach of 133.90

Stop-loss 132.15

Target price levels 136.00, 140.00