Tuesday, December 8th, today’s news—the uncertainty of Brexit outlook weighs on the markets, the pandemic is escalating in Europe and the world. The markets are mixed, vaccine rollout continues to be a positive factor, supermarket sales in the UK rose 10% in November, the dollar is stronger. The price of …
#COST
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages directed upwards. The inclined channel of the descending pattern is broken. Stochastic Oscillator signals oversold condition.
Trading recommendations:
Buy on the formation of an ascending 1-2-3 pattern.
Stop Loss: 371.00.
Target …
The overall trend is downward. An H4 level ascending pattern is truncated and the pattern of the wave C H4 (M30 level pattern) is also truncated. Awesome Oscillator shows a bearish divergence. The currency pair is trading in the range of 365 and 135 moving averages.
Don't have your language?
