The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. Awesome Oscillator indicates a bullish divergence. A breakout of 211.20 will result in the formation of an ascending wave pattern within the overall uptrend.
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Thursday, October 8th, today’s news—France's economy recovered 16% in the Q3. European and American markets rise amid stimulus hopes in the US, Dow futures are up 150 points, dollar is weaker as the risk appetite rises. The price of Brent oil is $42.70, WTI—$40.56, EUR/USD is at 1.1764, GBP/USD—1.2957, gold …
A descending (red) pattern is truncated. Awesome Oscillator indicates a bullish divergence. A descending pattern ended with the breakout of an inclined channel. A breakout of 175.0 will result in the formation of 1-2-3 (an ascending pattern).
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Trading recommendations: …
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