The stock of the week's trading opened with a big gap, as the price breached the lower bound of the ascending channel it was moving within and also managed to breach the support level 216.25
The price is moving below the moving averages that form resistance to the price and …
The support level of 4850,0 discourages sellers. A descending truncated pattern has formed. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator signals an oversold condition.
monitor the price movement in real time.
Trading recommendations:
Buy when an ascending wave pattern is formed.
Stop Loss under …
The overall trend is downward. The ascending pattern showed a bearish divergence on Awesome Oscillator, and an overbought condition on Stochastic Oscillator. A breakout of 135.85 will result in the formation of a 1-2-3 descending pattern.
monitor the price movement in real tome.
Trading recommendations:
Sell …
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