Trading idea for RWE (XETRA)

#RWE

The general trend is ascendant. The share is traded inside the 365 and 135 EMA. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and moving levels of Stochastic Oscillator have escaped the oversold area.

Trading idea:

Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.

Stop-loss: 40.00.

Target levels: 42.40; 43.50.