The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence and Stochastic Oscillator signals oversold conditions.
Trade Idea:
Buy when the ascendant wave structure forms, where a wave (A) breaches through the inclined channel of the descendant wave structure.
Stop-loss: 123.58.
Target levels: 125.66; …
#DGE
The general trend is ascendant. The share fluctuates between 365 and 135 moving averages. The descendant truncated wave structure has finished breaching the inclined channel. Awesome Oscillator indicates bullish divergence.
Trade idea:
Buy when price breaches 37.6420.
Stop-loss: 36.3260.
Target levels: 39.0500; 40.4300.
News for today, Friday, January 28
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